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ALKEM

ALKEM IN BEARS PRESCRIPTION????YES!!!! Chart patterns implies a downward possible move in ALKEM LABS. 1. Every detail given in the chart.....highs and lower highs...lows and lower lows forming a evergreat trading pattern 2. Adding to that, 3 Black crows with good volumes adds probability to the trade. 3. Its been travelling in descending channel pattern...now at the resistance.... Let the Market decide!!!! Let's wait and watch!!!! This is just my opinion....not a tip nor advice!!!!! Thankyou!!!! mmjimm.
NSE:ALKEMShort
by mmjimm
Alkem Broke Swing Low, Downtrend Resumes again, King CandleNSE:ALKEM today made a King Candle broke the swing lows and continued its classical downtrend on the back of below-estimated Q3 Results. Con-Call Updates: 5.2% YoY increase in quarterly net profit and a 1.5% rise in revenue during the quarter, revenue growth was led by domestic business. Profitability improved due to cost-efficient measures undertaken by the company. The supply chain issue in the US continued to improve. The company reiterated its EBITDA margin guidance of ~19% for FY25, despite a sluggish Q4 due to increased spending. Concerns remain due to weak Indian growth and lacklustre U.S. portfolio. About: NSE:ALKEM is engaged in the pharmaceutical business with global operations. The Company is engaged in developing, manufacturing and selling pharmaceutical and nutraceutical products. F&O Activity: Short Buildup in Futures with 5000 CE Gaining Significant OI. Trade Setup: It looks like a good 1:1 trade setup, with the recent swing high as a strong resistance zone, the RSI and 100 DSMA are Trending Down, and the downtrend continues unless it makes a higher high. Target(Take Profit): Around 4650 Levels for Swing & 4346 for Positional Trader. Stop Loss: Entry Candle Low for Swing Trader and Recent Swing High for Positional Trader. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT Below your views. Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback. Disclaimer: "I am not SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational purposes only and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:ALKEMShort
by Karanshah137
Alkem labs New Based Inverted HammerHello Traders, Just for the small thing i noticed today, Before opening bell the Zee business Researcher has Given the Trading call in Alkem labs & i was just watching the Trading session every hour cause in my watchlist through (TOP DOWN APPROACH) study . How Does the news can influence overall sentiment of the candle, on the first hour every single person was rushing to buy it & after the 1 hour nobody seems interested in buying & holding the script. I decided not to trade today in this stock for swing & it was a better decision hence i could wait for 2-3 more days how it reacts. So be confident on your process. One Process , one Coach & One Approach. Self decision is Better than some market pandit recommendations. Thank You. Prince
NSE:ALKEMShort
by Princetechnicals
Alkem Laboratories Ltd - Breakout Setup, Move is ON...#ALKEM trading above Resistance of 5578 Next Resistance is at 7474 Support is at 4565 Here is previous chart: 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 taking any trade.
NSE:ALKEMLong
by MandeepSinghKohli
ALKEM LAB BRAKEOUTTTTTTThis 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 trade or one day,U take average of all trades and see the average returns,I am not responsible for any kind of losses or profits u face,PLEASE TRADE ON YOUR OWN RISK. BUY ABOVE HIGH OF BRAKEOUT CANDLE BUY AT 3625.05 SL AT 3515.45
NSE:ALKEMLong
by PSYCHOLOGY_BREAKOUT_TRADER
5