ALKEM - Bullish view for long positional tradesALKEM is a good buy for long term.
The price has undergone a correction and as it is at a crucial support a bounce from 3337.05 could trigger and entry at 3444.
The stock could face a resistance at around 3500 and could once again come down to the buying level before making a move towards its target price of 4070
Pharma sector making a move of around 2% and having a bright future with a good growth expectancy, expect ALKEM to make the BIG move.
Strongly recommended for a price target of 4070 - positional trade.
