Equity

Alkem – Short Term View

Short Term Call

Alkem stock today closed at 3466.45. Stock more down trend expected.

Stock next support level 3350 range , if not hold 3350 range more down expected. Strong support next level 3150. Every support point based watch and enter the level.

Short Term View 

Sell #Alkem 3466 Target 3350 /3150.

Important view : stock any time recover given possible . Profit booking already happen so watch enter level. Stock breakdown range 3350 level 2 days closing based buy call initiated possible or same like 3150 level also.

Alkem

Alkem Laboratories is engaged in pharmaceutical business with global operations. The Company is engaged in the development, manufacture and sale of pharmaceutical and nutraceutical products.

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