ALEMBIC LTDAtualizado ALEMBICLTD - WEEKLY CHART WITH CUP AND HANDLE BREAKOUT
Hi All,
This idea is about Alembic Ltd
Alembic Limited is engaged in the businesses of Pharmaceuticals, Real Estate, and Power Assets.
Fundamentals:
Market Cap ₹ 3,087 Cr.
Current Price ₹ 120
High / Low ₹ 122 / 72.2
Stock P/E 11.5
Book Value ₹ 85.1
ROCE 4.86 %
ROE 12.6 %
Equity capital ₹ 51.4 Cr.
EPS ₹ 10.5
Promoter holding 70.9 %
Market Cap to Sales 19.6
Sales growth 23.8 %
Technicals
As can be seen in the weekly chart of Alembic Ltd, if the price crosses 123 resistance it has an upside of 13% before meeting TOP RESISTANCE. Beyond that the stock will venture into uncharted territory of making ATH
Trade should not be taken before the price close above MAJOR RESISTANCE
Cup and handle formation with trend line resistance
Happy Trading,
Thanks,
Stock-n-Shine
This idea is about Alembic Ltd
Alembic Limited is engaged in the businesses of Pharmaceuticals, Real Estate, and Power Assets.
Fundamentals:
Market Cap ₹ 3,087 Cr.
Current Price ₹ 120
High / Low ₹ 122 / 72.2
Stock P/E 11.5
Book Value ₹ 85.1
ROCE 4.86 %
ROE 12.6 %
Equity capital ₹ 51.4 Cr.
EPS ₹ 10.5
Promoter holding 70.9 %
Market Cap to Sales 19.6
Sales growth 23.8 %
Technicals
As can be seen in the weekly chart of Alembic Ltd, if the price crosses 123 resistance it has an upside of 13% before meeting TOP RESISTANCE. Beyond that the stock will venture into uncharted territory of making ATH
Trade should not be taken before the price close above MAJOR RESISTANCE
Cup and handle formation with trend line resistance
Happy Trading,
Thanks,
Stock-n-Shine
Trade ativo
7% up, can wait for a couple of days for pull back to finishTrade ativo
Great Moves, Next resistance at 140Trade ativo
Alembic on the move againTrade ativo
CLOSE TO 7% UP, PLZ BOOK PARTIAL PROFITSTrade ativo
Very positive closing above 140Trade ativo
Now at 153, keep trailing SLTrade ativo
ATH BREACHED, REACHED 157.8
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.