details given above in the chart trade long only after handle breakout NEWS(catalyst): good quarterly results
I recommend going long in alembic pharma if the close is over 59 next week Target would come around 90. Time ~ 3 months approx.
Accumulate 53-55 Target 58 61 64 66 70 SL below 50 CBSL For educational purpose only, Not responsible for any loss
Dear All , Everything is mentioned Over the Chart ... Good Luck !!!
Classical Charting 101! A beautiful triangle breakout has happened in Alembic with heavy volumes which is a big positive! Must be considered! Can do well in the coming months!
The scrip has a long term trend line break-out ; and also macd turning bullish..I would prefer to go long at CMP 48.50 add in dips around 45.5, stop loss 40 Target 55/60. ( 2 Months time frame )
Alembic broke the triangle with high volume Buy-cmp 41.9 tgt- 49
Seems an interesting setup on the weekly charts, after a nice bounce last week on decent volumes. A close above 48-49 can possibly bring in some momentum too. No position yet. Will keep a watch on this though.
Alembic Ltd breaking out of channel/consolidation zone. Its moving up with increasing volumes from past 5 days which is sign of strength. Swing Traders can enter this trade with First Target of 52 presenting 18% upside from CMP. Weekly close above 52 necessary for further momentum. Target 52 Sl- 41.4
target 62 by 11.12.16. if kissed please bless me