FIRST TARGET 123 GOOD BREAKOUT WITH VOLUMES looking good at cmp
Accumulate NSE:ALEMBICLTD above 114.5 with a Risk-Reward ratio of 1:1.8 with Sl 98 T1/T2/T3 143/ 149/160
Alembic Ltd cmp 121 sl 117 expecting trend reveral first trgt 140-200++ Why was it selected❓ 🔹Company is almost debt free. 🔹Company is expected to give good quarter 🔹Technically looks good. 🔹The stock was in a good support zone & expecting reversal. 👉Entry possible,but it’s not a buy recommendation.Study well🙏 ABOUT THE COMPANY🍂 Alembic is dealing in...
Keep an eye on this stock. As it is in its support and demand zone. But trading below 50 EMA which is not good. Now it has to reverse from here to go up otherwise down move will continue.
To buy this to hold more than 2 weeks you need to wait for the uptrend and cross the rectangular border. If there is a chance looking for a buy tomorrow (29/7/21), then let the candle be green after 3:20pm. Then you can buy. Summary: Buy: if candle is green after 3:20pm, go for it at a good price. Target 1: Just below the top border of rectangle formed. Target 2:...
Triangle breakout in ALEMBIC LTD
Alembic Long Pennant pattern found Buy above - 135 SL- 126 Target- 149, 155 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
1. Breakout of ascending triangle after ATH with volume 2. Consolidation after breakout with low volumes 3. High volumes before the formation of the ascending triangle 4. SL 105 wcb 5. TGT1 for short term and TGT2 for long term
LNA stand for Late night analysis Follow me on trading view: in.tradingview.com We discuss potential stocks provided by you guys only in my DMs and comment sections so give your stocks in comments and DM me for tommorows video :) 👑 Terms used if you don't know : ✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and...
Breaking trendline.... can easily raise this stock above 180 in 8 months SL very far below 120
box berakout ,good move expected bcz 1 month consolidation
Stock is forming symmetrical triangle. only enter after breakout with volume . there can be very big move after breakout
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.