Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
📈 Alkem Lab Ltd. 📉 Today broke out from a Resistance Zone after testing two times and also broke out from a downtrending Trendline Zone on closing basis. On Buy Side I am looking for Targets of 3750-3800 zone followed by 4000-4050 zone. StopLoss should be kept in 3375-3425 zone. It offers 1:4 Risk To Reward. All Important Supports and Resistances are drawn...
A clear breakout Supported by high volume. A minor correction after a breakout good time to buy.
Rounding Bottom pattern Alkem and target mentioned in the chart. purely technical call. Please do your research before investing.
ALKEM LAB LTD Bullish Breakout Bullish Divergence Crossed 200 EMA after Long period of Time. One can go long at 3500 level. SL 3350 Or 200 EMA.
The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock...
Go Long above 3389.9 for Targets of 3671.95, and 3954 with SL 3107.85 Reasons to go Long : 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.382 Fibonacci level. 2. In addition to this a bullish candlestick pattern Bullish Engulfing (marked with...
#ALKEM CMP - 3176 Harmonic Pattern Disclaimer : We are not Sebi registered analyst or Authorized analyst The charts / Levels / Price projections are only for educational purpose. This is our personal view, Pls consult your financial advisor before taking decision - Buy / Sell We will be not responsible for your profit and Loss
ALKEM Formed Descending Triangle Pattern wait for proper breakout and retest and based on that, one can look for entries. Please HIT the like button, this motivates us to make more such analysis. For more such trading content follow us on ( @tradechefofficial )
this stock go either way also taking a support of 200EMA
Alkem Lab Following beautiful Descending Channel Pattern In between Symmetrical triangle Pattern is also emerging. Can Go both Way after B/O or B/D keep close watch good for learning purpose mcpricaction
On weekly time frame, Alkem has been taking support from last 2 months. Trade can be executed now with 5% SL (i.e.) closing below 50EMA on weekly time trame and target of near high swing i.e. 4040. A trade with R:R of 1:3
Alkem Lab. - 1 hour Analysis Buy only above 3460 closing basis or above white line (Candle closing basis) Targets 3530- 3570-3620- 3670-3710-3740-3765+ sl below 3345 below candle closing basis
Dear Friends Watch trend line break out of ALKEM LAB . if ALKEM LAB break and sustain 3580 level then it will touch 3680( Target 1) and 3800 (Target 2) Wait for 3580 level.. All level mentioned on chart for your reference. Regards Kirit Chavda
Not a call but a potential chart. Looks good at cmp 3530..buy for a target 3650 in a few days. Trade at your own risk.
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ALKEM LAB under bearish. Strong bearish closing from the previous day. Target 3356
Alkem Lab NSE:ALKEM Cmp - 3683 Stop - 3600 Expectation - T1 - 3785 T2 - 4000, Review at 4000 Expected Holding Period - 3 months or earlier for T1, 5 months or earlier for T2 View:- Swing/Investment