Long Alembic PharmaBuy can be initiated around CMP with SL as 880.
Disclaimer: Ideas for educational purpose.
APLLTD trade ideas
APLLTD Positional ViewAPLLTD : CMP 934.9
Alembic Pharma is in accumulation zone.
Stock from current lvl might move towards 1035/1078.
Let's see what happens....
Disclaimer: Ideas for learning Only.
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Alembic Pharma RSI bullish divergence On daily chart bullish RSI divergence is seen. Coincides with FDA site visit and no serious warning for their Gujarat plant
Buying Opportunity Near 200 SMA Stock has beaten more then it deserve. Might bounce back from 200 SMA.Wait for reversal candle confirmation then entry.
Cup with handle in APLLTDCup with handle pattern can be observed in APLLTD. Depending on overall market condition, upside from here is possible.
BUY ALEMBIC PHARMA ABOVE 1085IT MAY FACE 1070 LEVEL AS RESISTANCE RESPECTIVELY.
(THAT IS 78.6 FIBO LEVEL)
POSSIBLE TARGETS ABOVE 107O:
1) - 1125
2) - 1290
NOTE: This Analysis Based On 1 Week Time frame,
Targets May Achieve Within Period Of 3 to 6 Months.
Feel Free To Ask For Any Technical/Fundamental Query
Comment Down Below
Educational Purpose Only.
ALEMBIC PHARMACEUTICALS LIMITEDAlembic pharma is one which i would choose in my portfolio to be, why? The reasons i have mentioned in green label and only being one down side the promoters holding the financials are really pleasing
profits turns out to be good,
similar if we see other companies in comparison (i.e- Torrent pharma) the current trading price is really undervalued.
As for trading also we can see that the it is respecting 100 EMA and now might shoot up any time soon
considering the stoploss for trading placing below 100 ema (960) for target of 1133.
Alembic Pharma - Cup and HandleAwaiting a breakout soon.
Took support at the Golden Ratio.
Entry should be above 1129.
Keep a Stop loss based on your risk appetite.
I see initial targets of 1300-1370.
APLLTD Upmove incomingNSE:APLLTD Scrip has shown consecutive higher highs & lows, at the same time broken out with good vol. & strong bullish candle. The length of the pattern ie., 1065 can be a technical target. Move can start above 1000.
Disclaimer: This analysis is meant purely for educational purposes & feedback is always welcome. Please do your own analysis before putting down your hard-earned capital.
Thank you.
Wait for it to hold weekly level then go with the breakoutWait for the breakout withholding of weekly level then go short or long in the side of the breakout
Alembic Pharma: Trending higher for a new ATHThe stock was in corrective mode while all other pharma names were making new highs. It gave good Q1 results. 2 new plants are getting operational soon which should provide operational leverage. Very positive for long term. In terms of technicals, it gave strong BO from its falling trend channel and is now making higher highs. With the RSI also trending higher, the stock should reach ATH soon. Plan to add more in coming days.
Alembic Pharma - Short term TradeLong above marked price (987-990) with SL below 945.
Looks good for a move in the short term.
