ALKEM trade ideas
Channel breakBeautiful channel breakout, wait for retest and can go long at 3290 for the target of 3700 with stoploss 3120
ALKEM LONG#ALKEM #Chart #Investment
*Not much talked about this stock but it's slowly showing its worth.
*Weekly BO with Good volume.
*52 Weeks High / ATH
*Expected to perform well in coming Weeks as well.
*Very good candidate for 'Add in Dips' stocks.
alkem chart it breaking the channel
This is the chart of alkem labs 1 day timeframe the stock is in a channel pattern from last feburay2020 it breaked the channel is a small candle and with small volume so see the next resistance line whether it break it with a good candle enter the stock this is completely for postional view
ALKEM looks bullish - Target 3310After taking support near 50 EMA (1), ALKEM started moving up. After a minor pullback for 2 days, it has started moving up again. Look for targets of 3210, 3255, and 3310 in the next few trading sessions.
Beautiful Cup and handle, Everything self explanatory !Beautiful Cup and handle, Everything self explanatory , Targets in the charts, Only for learning.
Alkem Lab looking good for short term.. We can take long position after trend line break for swing trade..
Alkem lab Ltd - Weekly BreakoutAlkem Lab has given a very good bullish signal and a breakout from the parallel channel pattern trap (August 2020 - June 2021) for past 11 months
Its a good stock for a short term trading
The Stop Loss for any conservative trader is 3028
The Target is 3678
After reaching our target, trail your stop loss to get maximum profit from the stock in a single trade
🔴DISCLAIMER
***** Its just for an educational purpose and so you must also follow your own technical analysis too ******
Alkem Laboratories Ltd - 11.06.2021Alkem Laboratories Ltd - 11.06.2021
The stock has made a high of 3225 during the week
there is a cup & handle formation in daily chart
neckline 3215, low 3050
let the prices go above 3222
watch out
#ALKEM.. Next in sight - 3800??Trading in parallel channel for a year..
Finally a bullish BO and retesting of support levels..
Targets based on Fib levels .. there can be easily 15-20% profit here..
Alkem LabsAlkem Labs : CMP 3197.
It has give a good breakout, but negative divergence is seen on RSI, so can correct a bit. If it comes to 3110, it is good buying price. However close below 3110 can take it to 3006 levels. On the upside since it is making lifetime highs, target is open.
Disclaimer : This chart is only for educational purpose. This is not a trading or investing idea. Do your own due diligence before investing.
Alkem LabsAlkem Labs closed yesterday above one year high at 3197.25 and it has crossed the resistance and we could expect a target of above 3300 .
RSI is Bullish at weekly and daily
Alkem Lab - Retracement before moving higher! The market structure is Bullish and the price is giving a retracement to the previous flip zone. Price has been testing the previous supply zone which is now turned into a demand zone. This zone has a confluence with 0.618 Fib and the 200MA.
Targets: 3083, 3143
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
ALKEM Ready for Jump after Double Bottom ?? ALKEM
SUPPORT : 2538
Resistance : 3090 -3095
This is for Education Purpose Only
ALKEM breakout above 3175ALKEM #ALKEM looks to be a eligible counter for breakout above 3175
The volume support has been increasing in the recent past
The counter has making highers highs for while now and nearing its recent BO point
Note : This article is for education and research purpose only , Please consult your financial advisor before taking any investment decisions
ALKEM LAB #StockMarket #StockToWatch ALKEM LAB TRADING IN RANGE (DARVAS BOX) FROM LAST 8-9MONTHS ...
SEEMS BO
GOOD ENTRY IF BREAKS N HOLD THE LEVEL
Closing above the range can be a good long opportunity.
