Stock has been giving small triangle breakouts once in a few months, but currently it has broken out a multi year pattern, expecting a bull run soon with SL at 3100 for short term Traders. #Alkemlabs
Granules has made a double bottom at 300 and currently in a good trend, with SL at 310 One can initiate a long. A break above this Triangle pattern can take the stock up to 380/400 levels initially.
With the Demerger of injectable business as a fundamental trigger, This stock is likely to breakout the channel pattern formed over the months. a close above 1040, SL around 1015, can expect 1070/1090/1100 in near term.
This is the Weekly time frame of Apollo tires. Accumulate at current levels with Sl below 215 with targets of 240/265/290. Risk reward seems favorable. Thanks !! For weekend classes on fundamentals and technical for cheapest beginner course. ping me
After a 3 months of bear market correction upto 30% stock has taken support at important multi year support and trend reversal with good delivery volumes is visible. - Company's new investment in EV segment has been a fundamental trigger after a long weak trend. -Breakout from falling price action pattern. - Personally took longs during Monday morning dip when...