ALEMBIC: BULLISH Third of third wave has been completed. The stock is ready to give upside rally again after the 4th of 3rd wave completion that can lead the stock to travel into four digits price territory.
APLLTD trade ideas
In down move and it is likely to continue for a few days. The stock is likely to get support at 840-850. When it turns bullish, the resistance will be seen at 1125 level
Buy APPLTD for short term gainMy idea is for purely educational.
APPLTD can be bought around 990-1000 for immediate target of 1130 then to 1200. Time period is one week.
Alembic Pharma - Likely to reverse!!Likely to reverse from here. Short term 3-4% upside can be seen.
ALEMBIC PHARMA TECHNICAL ANALYSIS HELLO FRIENDS I AM AGAIN WITH A NEW IDEA. FRIENDS I HAVE ALEMBIC PHARMA CHART PATTERN HERE .FRIENDS IT IS MAKING A ASCENDING TRIANGLE CHART PATTERN . ITS SUPPORT PRICE IS AT RS 983 AND RESISTANCE PROCE IS AT RS 1045 . ITS TARGET FOR DOWNWARD YOU CAN TAKE IS BETWEEN RS 969 TO 951 . AND TARGET FOR UPWARD YOU CAN TAKE IS BETWEEN RS 1085 TO 1130 . ALSO FRIENDS FROM MY OPINION I THINK IT CAN GO DOWN . THANK YOU FOLLOW AND LIKE THIS PLEASE .
distribution days piling up, short term correction likelyQIP announced, very high chances of a short term correction
Aplltd channel pattern ,about to give breakoutBreakout is soon expected in the aplltd, follow the update of the chart..
Breakout of nice Cup patternAPL broke of a resistance zone with good volume, buy for small to medium term
APLL Ltd buy above 877I will be buying this stock above 877
Technical: stock quickly recovered from recent COVID-19 crash lows. It held 2019 lows and surged higher very quickly to make new highs. it has broken 2014 highs with all-time highest volume since IPO in 2012.
Fundamental:
This stock shows excellent sales and profit growth
5 years of sales growth - 17.5%
5 years of profit growth - 25%
Margins are quite good at 27%, there has been a steady growth in the margin in this company.
Debt has increased by 54% since last year, one needs to be a bit careful there.
TTM earnings up 41%
An Impulse cannot stand aloneAs per Elliot Wave theory, an Impulse cannot stand alone. Here we are observed the 1st Impulse and then currently a corrective wave is in the making.
There is a probability that the 2nd impulse can start after the currect corrective wave completes.
Alembic Pharma Long Term IdeaNSE:APLLTD
Alembic recently posted great Q4 results and the stock has been trading in a fixed zone since a lot of years. The stock however closed above the box for the first time and if anyone follows the Darvas Box strategy, it gives us a good signal to go long as the volume has also inm=creased considerably.
I won't be getting into the fundamentals,if anyone would like my analysis on the same then you can ping me.
Trade/Invest as per you RR. I had gone long in it 8 days ago and it has already fetched me a 12% return. However,I will keep it in my holdings for the time being until I get a sell signal.
Alembic Pharma - Multi-year breakout The stock trades at fair valuations of 18x earnings and 3.4x sales. Despite the general market weakness, the pharmaceutical company stocks are close to all time highs. Alembic pharma's stock price could see decent upside in the coming months.
Buy Alembic 52-week BO, correction and upmove againBuy Alembic 52-week BO, correction and upmove again
Cash Market Stock- Breakout after 5 YearsIts time for the Cash Market Stock- Breakout after 5 Years
Nice and clean sideways breakout after 5 years. 650-700 is a very strong demand zone on a weekly closing basis. It will be the med-long turm trade.
