Alembic
ALEMBICLTD HourlyAlembic ltd 1 hour breakout candidate. if holds on above 129 on clb. Looks good for swing plyers.
Alembic LTD broke out from a channel.Target: Rs250 !NSE:ALEMBICLTD should test the channel it broke out from. Rs115-Rs120 should be a good buying level with a medium term target of Rs250-Rs300.
Alembic Limited BreakoutA good breakout on Alembic Limited. Can the stock sustain it and continue its upward journey is yet to be seen. The Stop Loss should be kept at Rs.120
ALEMBIC Note:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading.
Breakout Stock Alembic Limited !! 23 March 2021 !!* My favorite set up when price consolidate near 200 Day SMA and breakout any chart pattern ( In this case symmetrical triangle ) with high volume with any bullish candlestick pattern near the breakout level (In this case Bullish Marubazu) .
Kindly Let me Know if you have any questions.
Thank You
Alembic Pharmaceuticals possible long opportunityAlembic Pharmaceuticals likely to shoot up from the above mentioned area. Good risk to reward
Buy Idea according to daily TF -Symmetrical triangular pattern Entry and accumulation level=96-104
Targets-108,112,120
SL-92,83
trade@own risk .
ALEMBIC PHARMAIt has made a bullish harmonic butterfly in daily time frame. It could retest 950/1025, above that a new high. View negates below 865. Stock is coming into derivatives from March Series onwards.
Alembic Pharma Swing TradeAPLLTD seems to have stopped its downward trend and ready for a long position.
TGT 1- 980
TGT 2- 1000
SL- 880
PS: I'm a College Student, not a broker, I'm not qualified enough to suggest people trades. I'm a student to take a keen interest in the Stock Market during the lockdown. Please do share your views, I am still learning.
BUY ALEMBIC PHARMA ABOVE 1085IT MAY FACE 1070 LEVEL AS RESISTANCE RESPECTIVELY.
(THAT IS 78.6 FIBO LEVEL)
POSSIBLE TARGETS ABOVE 107O:
1) - 1125
2) - 1290
NOTE: This Analysis Based On 1 Week Time frame,
Targets May Achieve Within Period Of 3 to 6 Months.
Feel Free To Ask For Any Technical/Fundamental Query
Comment Down Below
Educational Purpose Only.
Buy ALEMBICLTD SL 92.2 Tgt 115/124+ALEMBICLTD cmp:106.35 on 28/12/2020 - BEST BUY @ 100.76 / 101.33 with SL 92.27 for trgt1/trgt2 as 115.22/124.28
