Alembic pharmaLook out for support and price action signaling reversal.
good point for accumulation.
APLLTD trade ideas
Alembic Pharma Alembic pharma looking weak n can come near 875..View Invalid if closes above red line
Alembic Pharma Cmp 770 dated 13.8.2021Alembic Pharma Cmp 770 dated 13.8.2021
1. Rectangle pattern consolidation.
2. RSI divergence.
3. Support @ 740
Buy for a tgt of 800-860 SL 740
It is just a view, pls trade at your own risk.
APLLTD 1D analysisALEMBIC PHARMA has been correcting from the
beginning of the year, now it has reached a
support level, it might bounce back from here
nd we can see 860-870 levels coming.
# trade with fibonacci retracementsaplltd : 807.95
trade setup:
1. buy up to 781
2. keep stop loss as 740 on closing basis
3. targets 856/915/1001/1128+
technical buy based on :
1, fibonacci (.786/.886)
2. support / demand zone
3. trendline
4. triangle
5. value
#26072021 #Albembic #Bearish Pennant#26072021 #Albembic #Bearish Pennant
Range a good 200 point move on the downside after the Break down
Alembic Pharmaceuticals Ltd- Keep an eye else it will fly :)Near to support zone, buy 20% at current level around 950-967
Then buy 50-60% once it breaks trendline. Remaining quantity can be buy in dips incase if you get a chance near 935-900, keeping SL 880 on closing basis. Near term targets are marked with green line
APLLTDAPLLTD READY FOR UPPER SIDE MOVE WITH VERY GOOD RISK REWARD FROM 970 TO 1085 WITH KEEP SL OF 960
APLLTD.... POSITIONAL TRADELTP 985
TARGET 1085
STOP-LOSS 965
RISK REWARD 1:5
TIME TO TARGET 1 TO 2 WEEKS
Alembic Pharmaceut - FO Vibrant breakoutAPLLTD had a good breakout and retest and now again it started to have a bull run, so give an entry with appropriate Stop loss
Aggressive traders enter at the breakout and conservative traders may give entry after retracement
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Alembic pharmaStock is taking support at levels , where it earlier was taking resistance. If these levels are held, stock might move higher. And there is also a probability of Gartley pattern.
Alembic Pharma APLLTD—good potential long?A lot of things going on with NSE:APLLTD .
Trendline break is evident, but we can also see the stock holding well above the 50 and 200 DMAs. The volume looks very healthy, too. To add, RSI has just crossed above 60. The ~1032 level has proven to be a stiff resistance up till now.
I'm already holding this stock, so no fresh position for me, but it's definitely got my attention, now more than ever ;)
Triangle breakoutTriangle pattern breakout and retest on weekly chart, can go long for the target of 10% from here.
Alembic Pharma can give a good upside moveConsolidating but rejections to the trendline shows a good resistance. Expecting a good move upside once it breaks the resistance and vice versa
Alembic Pharmaceuticals Ltd - 11.06.2021Alembic Pharmaceuticals Ltd - 11.06.2021
The stock has made a week high of 1025.95
The stock has breached it's resistance level of 975
one can initiate a long position near 975-985 levels
prices are above ema
watch out for price action
APLLTD BULLISH POSITIONAL BULLISH TRADEONE CAN GO LONG BETWEEN 960-980 PRICE LEVELS.
STOCK RESPECTS 200EMA SO ONE SHOULD MAINTAIN SL OF 940.
