SELL ALKEM BELOW 1950 TGT1=1936 TGT2=1896 TGT3=1855 closing base SL=2040
After breakout above 2200 SL will be close blow 2150
ALKEM LAB LTD. BUYING RANGE :- 2120 TO 2100 TGT 2230 2250 2270 SL 2060
Alkem Lab is showing bullish divergence. It can be bought above 1895 for a target above 2230.
Target 1 : 2080 Target 2 : 2350 Time Frame : 1- 2 months Stop Loss : 1724
ALKEM labs is at support levels. Long with trailing SL. targets are 1980, 2150 & 2210.
as we can see the bearish harami pattern there and the stochastic in overbought condition and bearish divergence add to it and price below 8 ema