Alembic LTD has given a double bottom neck line breakout with good volume. It has also given close above 200 Days SMA on weekly chart. RSI is above 70 showing the strength. CMP - 82.95 SL - 75 ( approx 10%) Target - 100 ( approx 20%) Disclaimer : This is for educational purpose only. Take advise from your financial advisor.
Alembic ltd watch out for breakout out but don't take entry at breakout it may become fake breakout. because it already happened at 5dec candle once price goes above resistance this will become support after breakout when price retest that level, then go for buy side swing trade can be taken for target of 91
📈 Exciting Breakout Alert! 🐂 📊 Pattern: Bullish Inverted Head & Shoulder 📌 Symbol/Asset: Alembic Ltd 🔍 Description: Bullish Inverted Head & Shoulder Breakout, go long if sustain above neckline after the breakout. 👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and...
ALEMBICLTD:- Rounding bottom pattern has been made, breakout has also been given, but if you want to plan something, then wait for retesting and plan something only after that. keep eye on it. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more...
Alembic Ltd is in accumulation mode and looks promising and anytime Price can pierce 80 Levels for a target of 85 and 92 thereafter on weekly chart, have a close follow-up for a good entry and with a proper SL of 67.50
Buy in chunks between 65-74 Keeping SL @ 62 on closing basis. Target-83, 89 and 98. *Note-Only for educational purpose.
ALEMBICLTD:- keep on eye at crucial level. short term target 111.45 Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades...
Hi guys, In this chart i Found a Demand Zone in ALEMBICLTD for Long Term, Observed these Levels based on price action and Demand & Supply. Don't Take any trades based on this Picture ...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
1. RSI 55 Support 2. EMA Crossing 3. Diagonal Trendline Educational purpose only
Given breakout from falling wedge pattern with good volume. The stock can reverse from here, keep watch.
Reason for long a) Mirror cup and handle pattern b) weekly breakout c) volume and price spurt
If Breaks Then The Targets can be Taken at 85.35 and 78.70 . Time Frame :- 15 min Patterns Name :- Double Bottom Symbol Name :- Alembic ltd Based on Your Own Risk this is only to Show you the Current Pattern . We are not responsible for any profit or loss . BTW Like and Follow if you like this awesome content
stock is at confluence of multiple supports............strong S&R, 61.8% fib.retracement, 138.2% fib.extension, pitchfork and channel supports.....
Stay tuned for a ride up to 95 Can go very quickly Volumes increasing RSI showing strength About to break trendline
Alembic Ltd has stayed in a range for a long time now. Made a strong base and is oscillating around it. Will the stock move upward, stay neutral or break its support? I believe that breaking support is highly unlikely, and to move upward it has to satisfy the trades in the range of 120-124.
A clear TL BO can be seen + W formation. For safe play we'll enter above 114 ,for the above mentioned targets Sl could be neckline of W.
Alembic is having a double zigzag( W-X-Y) correction of wave ((4)). Price is stuck on the ending diagonal of wave Y. According to the Elliott wave principle, if the price breaks up the ending diagonal, the price is supposed to reach the targets of 114-123-139 and more . However, the price must confirm the trend by breaking the wave (X). In case if price...
RESULTS WERE AMAZING. #PRICE ACTION TRADE wisely. WE CAN JUST PREDICT. Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.