keep this stock in watchlist looks like forming vcp pattern it will fly good if breakout come with extraordinary volumes
Alankit LTD Buy CMP 24.25 For Target 31- 47- 56- 66- 76-86+ Add some more if get @ 20-21 SL below 12 Holding Period 2-3 Years
#ALANKIT NSE:ALANKIT Alankit Ltd. CMP: 18.15 Target: 23 ++ SL: 16.30 Time Frame: ~1 month. Invest and hold! If u like my work, kindly LIKE SHARE & FOLLOW for latest stock recommendations. :)
Raids find tax fraud of Rs 1K-crore by e-governance service provider Alankit group and we can also observe an inverted cup and handle pattern with a clear breakout.
Raids find tax fraud of Rs 1K-crore by e-governance service provider Alankit group and we can also see a inverted cup and handle pattern here.
Good Stock For Long Term Equity Holders Long Term Target 200 Technical : Multiple Top Breakout Short Term Target 56/60 Fundamental Good : (Fundamental Medium Term Target 85) 1. Mkt Cap (Rs. Cr) 345.35 2.Return% on Mkt. Cap Quarterly : 5.85% 3.Return% on Mkt. Cap Yearly : 3.88% 4.Debt (Rs. Cr) : 0.10 5. Stock PE : 25.81 6. Return On Equity : 51% 7. Growth...
Alankit Ltd seems to be consolidating close to its all time high levels. Pattern formation is similar to Inverted Cup n handle with neckline around 38-39 level as visible on the weekly charts. A potential breakout seems to be underway to the upside if it closes above today's high of 39.40 with higher volumes. Trade strategy : Buy above 39.40 1st Target @...
Watch out for the break out and enter if sustains with good volumes. Going forward it can be a Multibagger.
My target done, booked and out. Risky trader can wait for 1 month or above for Target of 28
Reversal on chart with good volume.. Rs.24-25 on short term
Alankit:₹22.60 is broken it triple bottom support. This is to show the charting technic to find probable supports in future, First drawing a line with the Two latest peaks (blue) getting a maximum slope, and make a parallel channel to it, will definitely find a support in coming days. Same way we can draw more further supports by meeting to recent bottoms and...