NSE:ALKEM Good Pattern Breakout and Retest also Complete Wait For Closing
ALKEM LABORATORIES LTD Key highlights: 💡⚡ 📈 On 1 Day Time Frame Stock Showing Reversal of Broadening Wedge Pattern. 📈 It can give movement upto the Reversal Final target of Above 5770+. 📈 There have chances of breakout of Resistance level too. 📈 After breakout of Resistance level this stock can gives strong upside rally upto Above 6610+. 📈 Can Go Long in this...
After making All time high, Made a false breakout came down for retracement. now reversed and going up to previous ATH resistance and will break.
Alkem has already formed cup and also forming Handle but yeah it can take a long waits... Close above ₹4200 is important.... What's your view ? Bullish or Bearish ?
Retest entry at 4278 if it arrives In momentum Good to accumulate once retests the previous high
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before...
Greetings Folks, today I have prepared a setup of ALKEM on NSE the analysis is as follows- - The price is on a good bullish trend - its time for price to retrace a little to refuel its momentum - i have marked the immediate support below - you may also do counter trade short but it would be require high cautiousness don't play with fire, always use a predefined stoploss
share name : alkem lab ltd call type : positional or investment - share is forming a cypher pattern with ab=cd and double bottom - a good consolidation can be seen between level 3369-2828 - 3369 is a hurdle zone for this share which acting as a huge resistance - we can accumulate this share around 2969(after competing of gartley in shorter time...
Time Frame = 1 Day Short below the low that is 3374.8 Stoploss - 3626 Target - 3191 Quantity as per your risk
"Delivery Idea 15-05-23 ALKEM (CMP: 3424.95) Buy Above: 3420 SL Below: 3375 Target: 3620"
This posts are my personally traded stocks daily,I take trade mostly in all the stocks which i post and many more too which i am unable to post,as tradeing view limits my post to only 10 stocks per day,Some hits stoploss,some hits trailing stop loss,some give targets,some ends in cost to cost,some give Very huge profits too,So dont judge this channel on any one...
Alkem has breakout of Resistance and Double bottom Neck. Buy @ 3410 Target 3800 SL Below 3295.
#ALKEM on watch Breaking 3094 leads the way ahead Big Target 3337 #Binet #Formation
I think this stock best for swing trader but very consolidation phase and also make a chart pattern so wait for good breakout then enter it Always remember our sl < target = profitable trader Thanks and comment our thoughts
Gartly harmonic pattern reversal, Just harmonic pattern conformation, Low quantity++--
One Can Buy Alkem lab Stock As Per the analysis like where does it gives breakout or break down . thank you
Alkem despite market being bearish this stock has managed to hold its levels and if it gives BO and the levels that i have marked it will sky rocket buy side recommendation do your own research.
Support at previous high helped the stock move up in momentum Turned positional!