ALEMBICLTD trade ideas
Alembic LTD double bottom brekoutAlembic 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.
Breakout Ready StockAlembic 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
Alembic Ltd Ready For Breakout📈 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 managing your risks appropriately.
ALEMBICLTDALEMBICLTD:- 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 such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
ALEMBIC LTDAlembic Ltd is in accumulation mode and looks promising and anytime Price can pierce 80 Levels for a target of 85 and 92 thereafter on weekly chart, have a close follow-up for a good entry and with a proper SL of 67.50
Alembic Ltd-wait for confirmation at retest area.Buy in chunks between 65-74
Keeping SL @ 62 on closing basis.
Target-83, 89 and 98.
*Note-Only for educational purpose.
ALEMBICLTDALEMBICLTD:- keep on eye at crucial level. short term target 111.45
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 such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
ALEMBICLTD | Short Term1. RSI 55 Support
2. EMA Crossing
3. Diagonal Trendline
Educational purpose only
Falling WedgeGiven breakout from falling wedge pattern with good volume. The stock can reverse from here, keep watch.
Alembic Ltd Double BottomIf Breaks Then The Targets can be Taken at 85.35 and 78.70 .
Time Frame :- 15 min
Patterns Name :- Double Bottom
Symbol Name :- Alembic ltd
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
BTW Like and Follow if you like this awesome content
ALEMBIC is a screaming buystock is at confluence of multiple supports............strong S&R, 61.8% fib.retracement, 138.2% fib.extension, pitchfork and channel supports.....
AlembicStay tuned for a ride up to 95
Can go very quickly
Volumes increasing
RSI showing strength
About to break trendline
Alembic Ltd - Potential for an upmove or a false hope?Alembic Ltd has stayed in a range for a long time now. Made a strong base and is oscillating around it. Will the stock move upward, stay neutral or break its support? I believe that breaking support is highly unlikely, and to move upward it has to satisfy the trades in the range of 120-124.
.A clear TL BO can be seen + W formation.
For safe play we'll enter above 114 ,for the above mentioned targets
Sl could be neckline of W.
Alembic Pharmaceuticals is preparing for Rs. 140+Alembic is having a double zigzag( W-X-Y) correction of wave ((4)).
Price is stuck on the ending diagonal of wave Y.
According to the Elliott wave principle, if the price breaks up the ending diagonal, the price is supposed to reach the targets of 114-123-139 and more .
However, the price must confirm the trend by breaking the wave (X).
In case if price breaks the low of wave Y, it can fall up to 79 .
At this level, wave W has traveled 100% of wave Y. After that, it will initiate an uptrend for the above targets.
#AKLEMBICLTD #PRICE ACTIONRESULTS WERE AMAZING.
#PRICE ACTION
TRADE wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
ALEMBICLTD 12%on day chart..take support at long trend line...long trend line used for multiple support and resistance...chance to move upside..levels mentioned on chart.
- only for educational purpose.
Alembic Pharma_Currently Alamebic Pharma in Buy zone for short term trade (1-2 weeks)
CMP - 135.65
Currently in Buy Zone
Target1 - 156.65
SL - 126.9
R/R = 2.47
ALEMBIC LTD LOOKS GOOD PRE OPENING PICK 09/09/21BUY 116-118 TARGET 123 SL 109 strong volume support -DKM SIR
ALEMBIC PHARMA LOOKING GOOD ON CHARTSFIRST TARGET 123
GOOD BREAKOUT WITH VOLUMES
looking good at cmp
Positional Strong Alembic Lt Accumulate NSE:ALEMBICLTD above 114.5 with a Risk-Reward ratio of 1:1.8 with Sl 98
T1/T2/T3 143/ 149/160
