alembic pharma.. trend reversal?
Alembic pharma saw a massive reversal up 8%on friday Nov 30th 2018
Again it has bounced of near the 200 dma zone for the 3rd time..548 550 has become a strong support.
buy on dips 585 to 595. broke out of the channel with high volume and big price action..
fundamentally strong and long term technicals are strong
NOTE: Analysis is of my personal view. Please do your own homework before trading or investing.
Please like the analysis if u like it :)
Happy December
Again it has bounced of near the 200 dma zone for the 3rd time..548 550 has become a strong support.
buy on dips 585 to 595. broke out of the channel with high volume and big price action..
fundamentally strong and long term technicals are strong
NOTE: Analysis is of my personal view. Please do your own homework before trading or investing.
Please like the analysis if u like it :)
Happy December
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