Good 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.
A 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...
In 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
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....
for 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+...
Note: sharing analysis for educational purpose
Analysis: buy and sell targets analyzed based on support and resistance. also other parameters were considered
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 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.
Alembic LTD has given a double bottom neck line breakout with good volume. It has also given close above 200 Days SMA on weekly chart. RSI is above 70 showing the strength.
CMP - 82.95
SL - 75 ( approx 10%)
Target - 100 ( approx 20%)
Disclaimer : This is for educational purpose only. Take advise from your financial advisor.
Alembic ltd watch out for breakout out
but don't take entry at breakout it may become fake breakout. because it already happened at 5dec candle
once price goes above resistance this will become support
after breakout when price retest that level, then go for buy side
swing trade can be taken for target of 91
📈 Exciting Breakout Alert! 🐂
📊 Pattern: Bullish Inverted Head & Shoulder
📌 Symbol/Asset: Alembic Ltd
🔍 Description:
Bullish Inverted Head & Shoulder Breakout, go long if sustain above neckline after the breakout.
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and...
ALEMBICLTD:- Rounding bottom pattern has been made, breakout has also been given, but if you want to plan something, then wait for retesting and plan something only after that. keep eye on it.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more...
