CompoundingGain

Possible entry 83.30--price discovery on going

Long
NSE:ALEMBICLTD   ALEMBIC LTD
This baby has given almost 400% and still looking good after taking out the ATH at 73.95 some resistance has finally kicked in .

Looking at picking up in a few week since this should chill for some time however touch of the trend line at 83.30 around 21st of August is what i'm looking for.

Lets see how this plays out.

read up about the company and its quite decent and low geared so tempted to get some but not at this level .

73 would be lovely with the 50 day being able to catch up till there in a few weeks though doubt we dip that low since its been tested already..

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