ALKEM Ready for Jump after Double Bottom ?? ALKEM
SUPPORT : 2538
Resistance : 3090 -3095
This is for Education Purpose Only
ALKEM
ALKEM breakout above 3175ALKEM #ALKEM looks to be a eligible counter for breakout above 3175
The volume support has been increasing in the recent past
The counter has making highers highs for while now and nearing its recent BO point
Note : This article is for education and research purpose only , Please consult your financial advisor before taking any investment decisions
Bullishness for AlkemAt All-Time High, Alkem provides a perfect breakout opportunity where it had retested several times. With good vol and double bottom pattern at support, this stock perfectly blends all the price action. Book your profit according to your Risk Reward.
ALKEM INTRADAY LONG SETUPNSE:ALKEM
Entry above 3010
SL 2975
TARGET 3055, 3085
Price volume and momentum showing good strength
Disclaimer -
This is our personal view and this analysis is only for educational purposes.
Please consult your advisor before investing or trading.
You are solely responsible for any decisions you take on basis of our research.
Alkem Lab - CMP: 2894The stock has broken the consolidation zone with a good delivery volume. It's moving in a channel on a long time frame. It has given Triangle breakout inside of the channel. We can expect a Triangle pattern target of 3270 in the near term. Also, We can expect a target of 3800 in a long term.
Alkem Labs: Breakout with volume (Long) - Pharma SecotrAll levels are mentioned on the chart.
DISC: Please consult your advisor before making any bet. For educational purposes only.
Alkem Labs Inverse H&S BreakoutInverse Head & Shoulder & Channel breakout has occurred in ALKEM Labs today with good volume. It can be a good pick for swing trade. Accumulation can be started at 2790 till 2750 when it retests the trendline.
Note:
This is strictly for educational purposes, I'm still learning the concepts of the stock market. Do your own analysis before taking any positions.
alkem - INVERTED HEAD AND SHOULDERS - 30MINSNote:
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...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
alkemNote:
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...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
ALKEMseems consolidation is complete
ready to give bigger break out
fundamentally strong
one can think of taking position
for EDUCATIONAL purpose only
ALKEM- VOLUME INCREASE NOTICEDAlkem is showing volume increase , looks like a major breakout is on cards.
for education purpose only.
#alkem Possible ExitIf one looks at daily, clear exhaustion of momentum. Similar pattern one can see on weekly 2017-2018. Used harmonics ( I do not what one calls it , to me all looks same , BAT, Butterfly - have mirror wings) to a more comfortable collction range.
channel is LT so a stock like could be a looked as investment.
Levels are determined as chart is showing and tools calculating, interpetation is mine.
not a suggestion nor a recommendation. NSE:ALKEM
Good upside potential in ALKEM LABSI have observed that short term moving average is going to cross medium term moving average and now stock is yet crucial resistance levels. So once it sustains 3000 to 3300+ can be seen in short periods.
ALKEM Trade SetupThis Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
