Alembic pharma saw a massive reversal up 8%on friday Nov 30th 2018
Again it has bounced of near the 200 dma zone for the 3rd time..548 550 has become a strong support.
buy on dips 585 to 595. broke out of the channel with high volume and big price action..
fundamentally strong and long term technicals are strong
NOTE: Analysis is of my personal view. Please do...
APLLTD is trading near upper channel. Stock successfully hold its 61.8% retracement level which is 503. If it successfully crosses 570 with good volume. We can make long position. As this stock is fundamentally very strong. This DEC-17 qtr..FII and DII both inceased their stake.