Alembic pharma long at 1030 close

22 oct 2020

APLLTD

22 oct 2020

Nota

1. MACD blue line over 0 and moving up.
2. Stock gaining momentum before results after Hammer formation on 16th Oct and crossing 50 EMA.
3.Closed over 1000 after 2 months.
4. Tgt price 1080 within 20 sessions.

24 oct 2020

Nota

results on 23rd. Excellent results . Bearish engulfing candle formed ??

30 oct 2020

Nota

30-oct-stock taken support on major trend line and above 50 ema.
Wait for bullish candle, consolidation above 50 EMA /MACD histogram reversal for going long .(Major resistance at 1000 level)
If stock breaks trend line then go short tgt 900 .