ALKEM trade ideas
Symmetrical triangle patternThe stock is making a symmetrical triangle pattern on weekly charts and a weekly closing above 3185 level can give good upmove in the stock.
Learn & Earn,
Dr. Tanya Kumar
ALKEMIn the Daily chart of ALKEM, we can see that good consolidation is done between 3000-3100.
Great momentum is expected once it crosses 3100.
Enter at 3100 with 3000 as SL.
AlkemI think this stock best for swing trader but very consolidation phase and also make a chart pattern so wait for good breakout then enter it
Always remember our sl < target = profitable trader
Thanks and comment our thoughts
#ALKEM - could Pharma be nxt#ALKEM - seems like the next sector to rally, could be Pharma. With Metropolis call already doing well, #ALKEM (Alkem Lab) seems poised for some decent upward moves. All levels mentioned on the chart and below, as well:
Buy @ CMP 3060
SL @ 3000
Target @ 3150
ALKEM TRIANGLE TRADETriangles can be best described as horizontal trading patterns. At the start of its formation, the triangle is at its widest point. As the market continues to trade in a sideways pattern, the range of trading narrows and the point of the triangle is formed.
Alkem harmonic pattern Gartly harmonic pattern reversal,
Just harmonic pattern conformation,
Low quantity++--
Alkem lab buy above Please note this is for education purpose only.please do own research before you take a trade.
Alkem Lab Ltd stockOne Can Buy Alkem lab Stock As Per the analysis like where does it gives breakout or break down . thank you
Noiseless charting Professional approach I have made efforts in Explaining how i see the Stocks , One of the Interesting part of Noiseless is that its removes the complexity and gives an edge
to Professionals
I have made forecast based on wave theory, Do your analysis before taking decisions
Good luck
Alkem labAlkem lab. Long term bet. Portfolio stock. CMP:3305 sl:2850(wcb). Stock started its upward rally from jun'19 from the level around 1650 and reached the level around 4050 in oct'21. Stock went under correction from last Oct'21 to this year Oct'22..stock created a base around 2850 level and formed double bottom, which is 50% Fibo level too..so 2850 is a very important level. Target for short term 3750/4050..long term Target will be 4800/6000
ALKEM Technically towards upside ??!!Forming a HEAD AND SHOULDERS PATTERN!!
We can expect a breakout off that orange trendline channel.
Remember timing the market is never a good thing to do...
Let's wait and watch!!
Every chart helps us to improve our skills!!
just for knowledge !!! not a tip nor advice!!!!
Trend line Story of the stock : Currently stock at consolidation zone if it breaks upper trend line it will fly till 3564 then it will face resistance near to that horizontal line
alkem Long rally loadingAlkem despite market being bearish this stock has managed to hold its levels
and if it gives BO
and the levels that i have marked
it will sky rocket
buy side recommendation
do your own research.
ALKEM - Inverted Hammer with VolumesNSE: ALKEM is closing with an inverted hammer candle supported with high volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been consolidating for the past few days and moving along the trendline which is indicating demand.
One can look for a 8% to 11% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
Now it wil be rocketIt hit 4000 which best for swimming trade. If Pharma nifty will increase it will increase.
ALKEM - SWING TRADE SET-UPAlkem looks good for swing Trade
He breaks Flag and pole pattern on Weekly time frame and also maked double bottom pattern
It's good for buy above if sustain then Buy 3250-3255 in this Rang
Disclaimer:- Fundamentally this stock is not good so don't invest more .
This is only for educational purpose
ALKEM LAB Looking good above 3270In this, price formed a descending triangle pattern if it will break out then we can expect a up move.
Symmetrical Triange formation in ALKEMThis post is on for knowledge purpose. Kindly do your own analysis before taking any trade.
AKLEM broke the long term symmetrical triangle pattern with good volume.
One can short this below 2930
Target: 2580
Stoploss: 3050
