ALEMBICLTD trade ideas
Alembic Ltd - Great InvestmentMonthly Chart (For Long term investments I use Monthly and Weekly Charts)
Beautiful Rounding Bottom spanning across 3 years
Previous All Time High and Neckline breakout @128 levels
Price went up to 160 and then beautifully retested @128
Now on bullish trajectory
Monthly RSI beautifully retested 60 levels and curved up indicating bullish bias
Fundamentals are on growth trajectory
Trade Execution
Accumulate at dips from CMP of 150
Target - Rounding Bottom Pattern Target of 200
Trailing Stop Loss Weekly SuperTrend 10,3 or 10,2
Stop Loss - Monthly Closing below 128
SWING TRADE - ALEMBIC LTDStrong support bounce with volumes,
Entry 142 , SL -Big candle mid or base- 138
TGT -open till momentum lasts
#alembic ltdThis stock gave a volume BO and now retesting the BO zone. In 1hr TF there is a flag like pattern.
Alembic Limited - Breakout Setup, Move is ON...#ALEMBICLTD trading above Resistance of 147
Next Resistance is at 196
Support is at 100
Here are previous charts:
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.
ALEMBICLTD - WEEKLY CHART WITH CUP AND HANDLE BREAKOUTHi All,
This idea is about Alembic Ltd
Alembic Limited is engaged in the businesses of Pharmaceuticals, Real Estate, and Power Assets.
Fundamentals:
Market Cap ₹ 3,087 Cr.
Current Price ₹ 120
High / Low ₹ 122 / 72.2
Stock P/E 11.5
Book Value ₹ 85.1
ROCE 4.86 %
ROE 12.6 %
Equity capital ₹ 51.4 Cr.
EPS ₹ 10.5
Promoter holding 70.9 %
Market Cap to Sales 19.6
Sales growth 23.8 %
Technicals
As can be seen in the weekly chart of Alembic Ltd, if the price crosses 123 resistance it has an upside of 13% before meeting TOP RESISTANCE. Beyond that the stock will venture into uncharted territory of making ATH
Trade should not be taken before the price close above MAJOR RESISTANCE
Cup and handle formation with trend line resistance
Happy Trading,
Thanks,
Stock-n-Shine
ALEMBIC COMPLETED ROUND BOTTOM PATTERN LOOK FOR NEXT TARGET 225Alembic has completed a Rounding Bottom Pattern. The Resistance zone around 138-144 has to be broken and after a possible retest can enter for the next Target of 225.
Keep on watchlist.
ALEMBICLTDHi guys, In this chart i Found a Demand Zone in ALEMBICLTD for Long Term, Observed these Levels based on price action and Demand & Supply. Don't Take any trades based on this Picture
...because this chart is for educational purpose only not for Buy or Sell Recommendation..
Thank Q
Alembic Ltd - Rounding Bottom Pattern Breakout Alembic Ltd is into multiple businesses, pharma, real estate and power assets as well.
A debt free company.
A strong rounding bottom breakout with volumes.
Looks good at 150-155 level
Support zone is 110
Can reach 190-230-280 levels.
Continuation Basing patternGood volume build up in daily and weekly timeframe.
Large continuation biasing pattern breakout with good volume.
Smallcap ⚠️
Fundamental are OK.
FII stake increased from 0.89% to 1.07%.
NOTE: I do my analysis, do yours before trade.
ALEMBICLTD: Ascending Triangle!ALEMBICLTD is moving in HLs formation and expected to touch new high in sometime but this looks promising as per the volume spurt.
Targets are marked on trendlines with a logical SL.
NOTE: I'm not a SEBI REG. Study before investing.
Fresh Buying on currectionGood fandamental company
As on book value 80 rs.
Also tarde on 8.90 PE
Also increasing FII holding.
Term n Condition
My personla investment in this company fir long term.
Must do your owne research.
Alembic- Professor + gov + sg Bull flag 3 Days Volume Increase aAlembic- Professor + gov + sg Bull flag 3 Days Volume Increase a
1) Accumulation
2) Breakout ready
3) VOlume funda
Weekly Long Setup in Alembic LtdA bullish flag & pole Chart Pattern Breakout completed on the Weekly Time frame of NSE:ALEMBICLTD
Price Action supported by very good volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list and initiate the long trade as per the levels mentioned on the chart
Stop loss will be on a Weekly closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish flag & pole Chart Pattern
Technical Indicator :- possible Positive MACD Crossover
Disclaimer: This is for educational purpose only.
Alembic Ltd. - 105 ( Weekely Breakout) Alembic Ltd. - 105
Weekly breakout - Good for Mid term Investment
View negated below 90(closing basis)
Risk:Reward = 1:3 , 1:4
ALEMBIC Ltd breakoutIn this level 95.90 is a resistance. 3 times price goes but failed on the next day. Now scenario is different. In 1 day time frame 1 red candle close at 95.95. and next day a big candle was generate. You can wait for 1-2 days.
If price near and between red spot don't take any position. If price close above red rectangle area then take a position and enjoy the move.
ALEMBIC LTD ALEMBIC LTD
Stock taken the Retracement support at near 56
Clearly done the breakout on 86 to 88 range.
If it Closes above 100 level Today . Expected move up to 130, 175 On Upcoming Days....
alembicltdfor intraday looking good above 96.05 but condition is once take resistance at 96 then create higher low and break resistance it will go upto 100 level
NOTE: only for educational purpose
RULE: 1: always trade with stoploss
2: decide your risk per trade and per day
3: believe to your analysis
4: stay positive and keep patience
technical analysis + money management+ physicalogy = successful trader
Alembic Ltd - short term tradeNote: sharing analysis for educational purpose
Analysis: buy and sell targets analyzed based on support and resistance. also other parameters were considered
Alembic Ltd Weekly Analysis for Long duration NSE:ALEMBICLTD Weekly Analysis for long period
Trendline Breakout and sustained above strong support with LH LH structure
Buy Above 77 only of it sustained and give clear breakout with SL of 65 Strong Support as it was strong resistance since the beginning of its launch (1999).
T1 85
T2 98
T3 115
alembic P78.75 TG 90.50 SL 75alembic P78.75 TG 90.50 SL 75
from last 5 to 6 days volume reuce and not mch change in price.
better quaterly result may drive alembic price in upward direction.
Note: onyl for learning purpose, trade at your own risk.
