buy alkem labit has crossed its previous ATH at 3121 and also sustaining abv the same. we can buy if close abv 3121. we can accumulate between 3140-3000. we may see 3700+++ in coming months. view negated below 2850
ALKEM trade ideas
Alkem lab can break the range Alkem lab is trading in a range since almost 1 year. Recently consolidating at higher level with good volumes. Closing above the range can be a good long opportunity.
Alkem Lab Verge breakout ATH and 52 Week HighAlkem lab is on the verge of Breakout ATH and 52 Week high of 3152..
Once breakout confirmed keep for target open by putting stop loss at 2900 DCB
Bullishness for AlkemAt All-Time High, Alkem provides a perfect breakout opportunity where it had retested several times. With good vol and double bottom pattern at support, this stock perfectly blends all the price action. Book your profit according to your Risk Reward.
Head & Shoulder FormationAlkem Labs is forming a Head & Shoulder pattern and price is having a strong bearish bias. Ideal for short entry upon any pullbacks.
ALKEM LAB- POTENTIAL BREAKOUTALKEM LAB IS ON THE VERGE OF GIVING A BREAKOUT OF THE DOUBLE BOTTOM CHART PATTERN. LOOK FOR BUYING OPPORTUNITIES IF IT GIVES A BREAKOUT WITH GOOD VOLUMES. IMMEDIATE TARGETS OF 3100-3150 CAN BE ACHIEVED. STOP LOSS 2935.
ALKEM INTRADAY LONG SETUPNSE:ALKEM
Entry above 3010
SL 2975
TARGET 3055, 3085
Price volume and momentum showing good strength
Disclaimer -
This is our personal view and this analysis is only for educational purposes.
Please consult your advisor before investing or trading.
You are solely responsible for any decisions you take on basis of our research.
Alkem Lab - #HARMONIC Cash levels CMP 2832 buy for target 2950Alkem Lab - #HARMONIC - Cash levels CMP 2832 buy for target 2950- 3007 - 3090-3160 -3250++
add more if get @ 2550- 2600
Sl below 2500 ( daily candle closing basis
ALKEN is trying to make cup handle patternALKEN is trying to make cup handle pattern.
Breakout is still not confirmed. currently in accumulation zone.
Target levels are mentioned in the chart.
Alkem Lab - CMP: 2894The stock has broken the consolidation zone with a good delivery volume. It's moving in a channel on a long time frame. It has given Triangle breakout inside of the channel. We can expect a Triangle pattern target of 3270 in the near term. Also, We can expect a target of 3800 in a long term.
