Alembic Pharmaceuticals is preparing for Rs. 140+
Alembic is having a double zigzag( W-X-Y) correction of wave ((4)).
Price is stuck on the ending diagonal of wave Y.
According to the Elliott wave principle, if the price breaks up the ending diagonal, the price is supposed to reach the targets of 114-123-139 and more.
However, the price must confirm the trend by breaking the wave (X).
In case if price breaks the low of wave Y, it can fall up to 79.
At this level, wave W has traveled 100% of wave Y. After that, it will initiate an uptrend for the above targets.
Price is stuck on the ending diagonal of wave Y.
According to the Elliott wave principle, if the price breaks up the ending diagonal, the price is supposed to reach the targets of 114-123-139 and more.
However, the price must confirm the trend by breaking the wave (X).
In case if price breaks the low of wave Y, it can fall up to 79.
At this level, wave W has traveled 100% of wave Y. After that, it will initiate an uptrend for the above targets.
Trade fermée: cible de profit atteinte
Alembic Pharma has reached the first target of 114.
Join For Free:
(Stock) - moneymunch.com/stock-tips/
(Commodity) - moneymunch.com/commodity-tips/
(Forex) - moneymunch.com/forex-tips/
Premium Services: moneymunch.com/our-service/
(Stock) - moneymunch.com/stock-tips/
(Commodity) - moneymunch.com/commodity-tips/
(Forex) - moneymunch.com/forex-tips/
Premium Services: moneymunch.com/our-service/
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Join For Free:
(Stock) - moneymunch.com/stock-tips/
(Commodity) - moneymunch.com/commodity-tips/
(Forex) - moneymunch.com/forex-tips/
Premium Services: moneymunch.com/our-service/
(Stock) - moneymunch.com/stock-tips/
(Commodity) - moneymunch.com/commodity-tips/
(Forex) - moneymunch.com/forex-tips/
Premium Services: moneymunch.com/our-service/
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.