two reaosn to keep on radar for this stock 1) s & r bo already given 2) trading near ath good for swing only for education purpose not for sugesstion
STRENGTHS AND OPPORTUNITES 1. Strong Momentum: Price above short, medium and long term moving averages. 2. Company with high TTM EPS Growth 3. Growth in Net Profit with increasing Profit Margin (QoQ) 4. Company with Low Debt 5. Increasing Revenue every quarter for the past 2 quarters 6. Increasing profits every quarter for the past 2 quarters 7. Book Value per...
Alkem Lab Cmp 4918 dated 2-2-2024 1. Hammer Candle @ support 2. RSI reversal 3 Good 10% correction done from highs Buy above 4935 target 4960-5000-5050-5075- 5100 SL 4775 Ii is just a view, please trade at your own risk.
#Alkem lab cash -Positional call 04.02.2024 Looks good above 4935.10 and dips 4875-4900 Stoploss 4840 Target 4990/5080/5280 Cmp 4917.70
Monthly RSI > 60 Weekly RSI > 60 Daily RSI taking support near 40 Entry price - 4995 SL - 4800 Target - Daily RSI closing >= 60
Alkem retest the broken resistance level. Long time channel pattern break in bullish side. this move give positive movement for this stock.
Happy Diwali to all !!!!! Alkem Labs has broken the neck from a cup &handle pattern. On daily basis it has shown 2 green candles post the neck breakout. We can expect a rise in price up to 30-35%. Other parameters: 1. RSI is above 60 2. MACD is making green histograms 3. Volume looks good "Clean Charts, Easy Charts" Learning & Earning!!! Cheers!!
Alkem Laboratories is engaged in pharmaceutical business with global operations. The Company is engaged in the development, manufacture and sale of pharmaceutical and nutraceutical products. Revenue from Operation grew by11.7% YoY during thequarter, with EBITDA margin of 21.7% and Net Profit margin of 18.0%. Highest Quaterly revinue of 3440 Crore, And highest...
Alkem stock as been stretching itself to very high extend without giving proper pull backs or retracement it needs some time to cool done the previous trend so my view on this is neutral to bearish for short term atleast near to the 200 EMA Disclaimer: The content provided in this video is for Educational purposes only and should not be considered as financial...
# ALKEM LAB # # SHORT TERM VIEW BEARISH # # SELL - 5238 : 5312 This is not an investment advice and also please note this is only for education purpose. So before investing any single rupee, please do your own research according to your risk taking capacity and after that do invest and book profits on right time.
Alkem lab ltd is trying to break 4990 level. Wait for confirmation of close this level. This price movement has bounce from support of day channel. This rally can go 5150.
Alkem is in support zone. Today(13sep 2023)closes above 10 and 20 sma in Daily timeframe . Observe next day 9:30 am (15min) candle to close above today's day high. Then observe long position.. Target Previous all time high. Only for learning purpose!! Learn & Pratice.
After making All time high, Made a false breakout came down for retracement. now reversed and going up to previous ATH resistance and will break.
Alkem has already formed cup and also forming Handle but yeah it can take a long waits... Close above ₹4200 is important.... What's your view ? Bullish or Bearish ?
Alkem Lab (07 Nov 2023) Rounding bottom pattern in Weekly candlestick chart "In weekly charts, a breakout from a rounding bottom pattern is highly regarded as a favorable signal in technical analysis."
Retest entry at 4278 if it arrives In momentum Good to accumulate once retests the previous high
Alkem Cmp 3552 dated 9-10-2023 1. Reversed from Support 2. RSI BO Buy above 3560 target 3600-3650-3700-3750 SL 3475 It is just a view, please trade at your own risk.
Cup pattern breakout on monthly chart with good volumes. Stock has been in uptrend from the time of its launch.