TradingWithRahul

Positional Trade for 27% || Alembic Pharma

Long
NSE:APLLTD   ALEMBIC PHARMACEUT
The stock is now reversing after a good fall and it has made an inverse head and shoulder pattern on reversal. Can be bought for 1st,2nd and 3rd target of 860, 930 and 1000. CMP-790 and SL will be 750 on a closing basis. A 1:5 Risk Reward ratio. HIT the like button if you liked my analysis and do FOLLOW for more ideas.
Trade active: 1st target acheived