Unichem Laboratories Ltd is involved in pharmaceuticals
in Generics, APIs and Contract Manufacturing (CMO) areas.
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
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I really like this stock and have shared it several times in the past. The stock above 414 breaks into further momentum..
But cautious with the result as its valued at a premium and understanding its results is currently v difficult.
Deep stoploss here of 383..so allocate accordingly.
Breakout in UNICHEMLAB.
Targets: 345 & 370
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket...