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ALKEM LABORATORIES LIMITEDALKEM LABORATORIES LIMITEDALKEM LABORATORIES LIMITED

ALKEM LABORATORIES LIMITED

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ALKEM trade ideas

Alkem Broke Swing Low, Downtrend Resumes again, King CandleNSE:ALKEM today made a King Candle broke the swing lows and continued its classical downtrend on the back of below-estimated Q3 Results. Con-Call Updates: 5.2% YoY increase in quarterly net profit and a 1.5% rise in revenue during the quarter, revenue growth was led by domestic business. Profitability improved due to cost-efficient measures undertaken by the company. The supply chain issue in the US continued to improve. The company reiterated its EBITDA margin guidance of ~19% for FY25, despite a sluggish Q4 due to increased spending. Concerns remain due to weak Indian growth and lacklustre U.S. portfolio. About: NSE:ALKEM is engaged in the pharmaceutical business with global operations. The Company is engaged in developing, manufacturing and selling pharmaceutical and nutraceutical products. F&O Activity: Short Buildup in Futures with 5000 CE Gaining Significant OI. Trade Setup: It looks like a good 1:1 trade setup, with the recent swing high as a strong resistance zone, the RSI and 100 DSMA are Trending Down, and the downtrend continues unless it makes a higher high. Target(Take Profit): Around 4650 Levels for Swing & 4346 for Positional Trader. Stop Loss: Entry Candle Low for Swing Trader and Recent Swing High for Positional Trader. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT Below your views. Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback. Disclaimer: "I am not SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational purposes only and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:ALKEMShort
by Karanshah137
A BUY setupAlways use proper risk management by assessing your financial goals and personal risk tolerance, ensuring you never risk more than you can afford to lose. Set a proper stop loss before entering any trade to minimize potential losses if the market moves against you, and stick to it without letting emotions interfere. Take full responsibility for your trading decisions, learning from mistakes to improve over time. Plan every trade carefully with clear entry, exit, and risk management strategies, as consistency and discipline are key to long-term success.
NSE:ALKEMLong
by NitinRao143
ALKEM - Volatility Contraction Pattern (VCP)Name - ALKEM Pattern - VCP Status - Breakout and near target Cmp - 61700 Target - 6437 SL - 5496 Fundamentals: Here are some key financial ratios for Alkem Laboratories Limited: Price-to-Earnings (PE) Ratio: 33.41 Price-to-Sales (P/S) Ratio: 5.41 Debt-to-Equity Ratio: 0.092 Return on Equity (ROE): 15.2%2 Net Profit Margin: 10.8%2 Enterprise Value to EBITDA: 19.52 These ratios indicate Alkem’s valuation, profitability, and financial health. The company has a relatively high PE ratio, suggesting it is valued at a premium compared to its earnings. The low debt-to-equity ratio indicates a conservative approach to leverage. Pattern Information: The Volatility Contraction Pattern (VCP) is a technical analysis pattern popularized by trader Mark Minervini. It is used to identify potential breakout stocks. Here’s a breakdown of the VCP: Structure Contractions: The pattern is characterized by a series of price contractions, where each pullback is smaller than the previous one. This indicates decreasing volatility and tightening price action. Volume: Volume typically decreases during the contractions, showing reduced selling pressure. Breakout: The pattern is completed when the price breaks out above the resistance level formed by the highest point of the pattern, ideally on increased volume. Interpretation Bullish Signal: The VCP is considered a bullish pattern, suggesting that the stock is likely to move higher after the breakout. Entry Point: Traders often enter a position when the price breaks above the resistance level with increased volume. Stop-Loss: A stop-loss order is usually placed below the lowest point of the last contraction to manage risk.
NSE:ALKEMLong
by VCharts_TA
Alkem labs New Based Inverted HammerHello Traders, Just for the small thing i noticed today, Before opening bell the Zee business Researcher has Given the Trading call in Alkem labs & i was just watching the Trading session every hour cause in my watchlist through (TOP DOWN APPROACH) study . How Does the news can influence overall sentiment of the candle, on the first hour every single person was rushing to buy it & after the 1 hour nobody seems interested in buying & holding the script. I decided not to trade today in this stock for swing & it was a better decision hence i could wait for 2-3 more days how it reacts. So be confident on your process. One Process , one Coach & One Approach. Self decision is Better than some market pandit recommendations. Thank You. Prince
NSE:ALKEMShort
by Princetechnicals
Alkem Laboratories Ltd - Breakout Setup, Move is ON...#ALKEM trading above Resistance of 5578 Next Resistance is at 7474 Support is at 4565 Here is previous chart: 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.
NSE:ALKEMLong
by MandeepSinghKohli