MarketsWithKR

Alembic Pharma APLLTD—good potential long?

Long
NSE:APLLTD   ALEMBIC PHARMACEUT
A lot of things going on with NSE:APLLTD .

Trendline break is evident, but we can also see the stock holding well above the 50 and 200 DMAs . The volume looks very healthy, too. To add, RSI has just crossed above 60. The ~1032 level has proven to be a stiff resistance up till now.

I'm already holding this stock, so no fresh position for me, but it's definitely got my attention, now more than ever ;)
Comment: Hasn't been able to clear 1000 psych yet.

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