Alembic Pharmaceuticals is in the business of development, manufacturing, and marketing of Pharmaceuticals products i.e. Formulations and Active Pharmaceutical Ingredients. The company has 3 R&D and 5 manufacturing facilities.
Formed a cup and handle pattern on monthly. While the RSI is oversold, it shows clear bullish signs on other key indicators.. Note : Not a recommendation to buy or sell, only for learining purpose
Pharma stocks have shown great bull run in past 6 months. I had shared idea of APL around 550 levels. Currently, stock is looking strong for continuation of rally post breakout. Happy trading. Please follow me if you like my analysis!
The stock has broken from inverse head and shoulder and will touch the 1133 mark in no time after that the stock can reach 1777
Stock Made a higher high and established the trend. RSI at over the upmove is strong and consistent. Stock is in Consolidation Phase before the upmove. Keep accumulating wit SL on Day candle closing basis. Tgts in Charts.
Alembic Pharma Cmp 881 dated 13-1-2024 Weekly Chart (Investment idea) 1.Head & Shoulder BO @ 831 (done) 2. Good Volumes 3. Almost Debt free Company Buy above 886 for tgt of 950-1000-1040-1095-1140-1190 SL 790 It is just a view, please trade at your own risk.
Clear cut Multi year resistance Breakout is been observed in chart with Huge volumes. Make a positional trade in Alembic pharma for target of 950/- 1050/-
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
Breakout in Alembic Pharmaceuticals Limited with high volume
APL Ltd is looking good on weekly time frame. Stock is forming inverse head & shoulder pattern on weekly time frame. Keep on radar.
formation suggests huge upside potential- worth following on higher tf
In the Weekly Chart of APLLTD , we can see that, it is leading towards Inverted Head & Shoulder breakout. Enter on breakout of Hammer candle's high with low as SL. Expected momentum is shown in chart.
A bullish flag & pole Chart Pattern Breakout completed on the Weekly Time frame of NSE:APLLTD Price Action supported by very good volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list and initiate the long trade as per the levels mentioned on the chart Stop loss will be on a...
Alembic pharma is looking good for swing trading. RSI slowly rising. If price close above 20EMA we will initiate our trade. Check chart for SL and Target.
APL Ltd is looking good on weekly time frame. Stock is attempting breakout after good consolidation. Keep on radar
APL Ltd is attempting breakout on WTF. Keep on radar.
Wait for the candle to close above Resistance Box.
APL Ltd is looking good on weekly time frame. Stock is forming inverse head & shoulder pattern on weekly time frame. Keep on radar for breakout.