Alkem for swing trade (Read description properly)
Alkem swing trade:-
1.As you can see rounding bottom has formed and it is about to give trendline breakout (wait for proper breakout) but on 09 sep you will notice selling came from upper level and it is little streched if you see past days back to back green candles.
2.So plan to buy either on pullback or retracement from 3265 or if it gives bounce from trendline after retesting it.
3.Keep your 1st target-3600 then between 3680 -3700.
Hope you liked this. And do give me suggestion or feedback if u liked this or not.
#keep it simple.
disclaimer: this is not buying selling recommendation its only for educational purpose.
1.As you can see rounding bottom has formed and it is about to give trendline breakout (wait for proper breakout) but on 09 sep you will notice selling came from upper level and it is little streched if you see past days back to back green candles.
2.So plan to buy either on pullback or retracement from 3265 or if it gives bounce from trendline after retesting it.
3.Keep your 1st target-3600 then between 3680 -3700.
Hope you liked this. And do give me suggestion or feedback if u liked this or not.
#keep it simple.
disclaimer: this is not buying selling recommendation its only for educational purpose.
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