Cup & HandleAlkem has already formed cup and also forming Handle but yeah it can take a long waits...
Close above ₹4200 is important....
What's your view ? Bullish or Bearish ?
0.70%
95.60INR
9.842BINR
115.832BINR
31.457M
About ALKEM LABORATORIES LIMITED
Sector
CEO
Vikas Gupta
Headquarters
Mumbai
Website
Employees (FY)
20.406K
Founded
1973
ISIN
INE540L01014
Alkem Laboratories Ltd. engages in the development, manufacture, and sale of pharmaceutical products. It produces branded generics, generic drugs, active pharmaceutical ingredient, and nutraceuticals. The company was founded by Samprada Singh and Basudeo Narain Singh on August 8, 1973 and is headquartered in Mumbai, India.
ALKEM LABORATORIES- BullishAlkem is in support zone. Today(13sep 2023)closes above 10 and 20 sma in Daily timeframe . Observe next day 9:30 am (15min) candle to close above today's day high. Then observe long position.. Target Previous all time high. Only for learning purpose!! Learn & Pratice.
ALKEMALKEM: Looking Good
2 Years & All Time High & Bullish Breakout Above 4070
Rounding Bottom Pattern Breakout Above 4010
Buy Above/CMP 4099 Add Every Down Stop-Loss Closing Below 3850 (Safe) 3600 (Risky)
Targets 4350-4600-4850-5100+++
Positional Call
ALKEM Gaining StrengthAlkem is gaining strength and RS has turned positive along with RS Average has also started rising. Looking at current breakout price may test breakout range again which may cool of RS somewhat and retest Smoothening RS average line too. A partial entry can be made right now with target to average i
Alkem-ready for 6500Alkem Lab has given a weekly breakout of rounding bottom, this could head towards 6500 levels.
Alkem Labs: Showing positive momentumAlkem Labs: Showing positive momentum
Given TL breakout, with good volumes
Good Above 3658
Targets: 3695/3725/3744
Possibility of TL testing, So enter cautiously
SL : as per Risk management
Disclaimer: Im not SEBI registered, contact your financial advisor before any investment.
ALKEM LAB LTDshare name : alkem lab ltd
call type : positional or investment
- share is forming a cypher pattern with ab=cd
and double bottom
- a good consolidation can be seen between
level 3369-2828
- 3369 is a hurdle zone for this share which
acting as a huge resistance
- we can accumulate this sha
Breakout - Alkem LabsAlkem lab has given breakout strongly on weekly chart can buy on CMP or in retracement till 3290 for price target of 3565 & 3625 for a stoploss of 3175.
PS - THIS IS JUST FOR EDUCATIONAL PURPOSE, PLEASE TRADE ON YOUR OWN RISK AND AFTER CONSULTING YOUR FINANCIAL ADVISOR
BUY BUY BUY IG- @paidseries12🔬 Seeking Promising Gains in Pharma? 📈 Invest in Alkem Labs! 💼
📅 Timeframe: 1 Year
💰 Buy Price Range: ₹3660-₹3740
🎯 Target Price Range: ₹4200-₹4240
🔍 Why Alkem Labs? 🏥
Leading pharmaceutical company with a strong track record
Diverse product portfolio and robust R&D pipeline
Expanding global pres
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