Alkem lab Alkem lab. CMP:3292 sl: 2875(wcb) target: 3600/4050/4800
#alkem #weeklychart #nifty got perfecr candle triangle breakout
The stock is making a symmetrical triangle pattern on weekly charts and a weekly closing above 3185 level can give good upmove in the stock. Learn & Earn, Dr. Tanya Kumar
#ALKEM on watch Breaking 3094 leads the way ahead Big Target 3337 #Binet #Formation
In the Daily chart of ALKEM, we can see that good consolidation is done between 3000-3100. Great momentum is expected once it crosses 3100. Enter at 3100 with 3000 as SL.
I think this stock best for swing trader but very consolidation phase and also make a chart pattern so wait for good breakout then enter it Always remember our sl < target = profitable trader Thanks and comment our thoughts
#ALKEM - seems like the next sector to rally, could be Pharma. With Metropolis call already doing well, #ALKEM (Alkem Lab) seems poised for some decent upward moves. All levels mentioned on the chart and below, as well: Buy @ CMP 3060 SL @ 3000 Target @ 3150
Triangles can be best described as horizontal trading patterns. At the start of its formation, the triangle is at its widest point. As the market continues to trade in a sideways pattern, the range of trading narrows and the point of the triangle is formed.
Gartly harmonic pattern reversal, Just harmonic pattern conformation, Low quantity++--
Please note this is for education purpose only.please do own research before you take a trade.
One Can Buy Alkem lab Stock As Per the analysis like where does it gives breakout or break down . thank you
I have made efforts in Explaining how i see the Stocks , One of the Interesting part of Noiseless is that its removes the complexity and gives an edge to Professionals I have made forecast based on wave theory, Do your analysis before taking decisions Good luck
Alkem lab. Long term bet. Portfolio stock. CMP:3305 sl:2850(wcb). Stock started its upward rally from jun'19 from the level around 1650 and reached the level around 4050 in oct'21. Stock went under correction from last Oct'21 to this year Oct'22..stock created a base around 2850 level and formed double bottom, which is 50% Fibo level too..so 2850 is a very...
Forming a HEAD AND SHOULDERS PATTERN!! We can expect a breakout off that orange trendline channel. Remember timing the market is never a good thing to do... Let's wait and watch!! Every chart helps us to improve our skills!! just for knowledge !!! not a tip nor advice!!!!
Story of the stock : Currently stock at consolidation zone if it breaks upper trend line it will fly till 3564 then it will face resistance near to that horizontal line
Alkem despite market being bearish this stock has managed to hold its levels and if it gives BO and the levels that i have marked it will sky rocket buy side recommendation do your own research.
NSE: ALKEM is closing with an inverted hammer candle supported with high volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been consolidating for the past few days and moving along the trendline which is indicating demand. One can look for a 8% to 11% gain...
It hit 4000 which best for swimming trade. If Pharma nifty will increase it will increase.