NSE:APLLTD 09.09.2024 Buy-1203 Target 1- 1282 Target 2-1575 Stop Loss- 1020 Risk Reward- 1:2 Holding period- 3 to 6 Months Very good fundamentals along with below technical analysis 1.Inside bar breakout in weekly TF 2.Trend- Continues uptrend from last one year 3.Price has taken retracement at very strong key level 4.Gradual increase in volumes. 5. Very...
Alembic Pharma completing round and bottom. Above 1146 will be a good buy.
Alembic Pharma weekly chart shows RSI about to dive out of ascending trendline, signaling a continuation of the larger downtrend. MACD about to flip bearish again Lower highs on the price chart + support of 61.8% Fib under risk of being breached. Sell at 705 target 678-663 stop above 725
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.
The stock had take a meaningful correction after the covid rally and is currently trading at good PE and book value. The stock is trading at par weekly moving averages and seems to be looking at bottom formation
ALEMBIC EQUITY levels ...08/07/2021 (D candle)
All levels are mentioned on the chart. Happy Learning :)