APLLTD trade ideas
📈 Alembic Pharmaceuticals Limited Analysis 🎯 Target 940-1125📈 Alembic Pharmaceuticals Limited Analysis:
💼 Stock: Alembic Pharmaceuticals Limited.
🎯 Target: Rs. 940-1125.
🚩 Flag Breakout: Observed flag breakout pattern.
📊 Volume: Good volume during the breakout.
🕯️ Candle Closure: Strong candlestick closure.
Disclaimer:
This information is for educational purposes only and is not financial advice or a recommendation to buy or sell any stocks. Always conduct your own research and consult with a financial advisor before making investment decisions. Past performance is not indicative of future results, and investing carries inherent risks. Please invest responsibly.
Alembic Pharma-Bullish view- Short to Medium term analysis NSE:APLLTD
09.09.2024
Buy-1203
Target 1- 1282
Target 2-1575
Stop Loss- 1020
Risk Reward- 1:2
Holding period- 3 to 6 Months
Very good fundamentals along with below technical analysis
1.Inside bar breakout in weekly TF
2.Trend- Continues uptrend from last one year
3.Price has taken retracement at very strong key level
4.Gradual increase in volumes.
5. Very strong rejection from FVG
Alembic Pharmaceuticals LtdTARGET IN CHART
SL 933
FUNDAMENTALS
Market Cap
₹ 21,647 Cr.
Current Price
₹ 1,101
High / Low
₹ 1,286 / 707
Stock P/E
34.4
Book Value
₹ 245
Dividend Yield
1.00 %
ROCE
13.1 %
ROE
13.3 %
Face Value
₹ 2.00
Price to book value
4.49
Intrinsic Value
₹ 496
PEG Ratio
32.1
Price to Sales
3.43
Debt
₹ 513 Cr.
Debt to equity
0.11
Int Coverage
13.0
Reserves
₹ 4,779 Cr.
Promoter holding
69.6 %
Pledged percentage
0.00 %
EPS last year
₹ 31.3
Net CF
₹ 44.7 Cr.
Price to Cash Flow
27.0
Free Cash Flow
₹ 487 Cr.
OPM last year
15.0 %
Return on assets
9.71 %
Industry PE
36.5
Sales growth
7.28 %
ALEMBIC PHARMACEUT S/R Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline.
Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities.
Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement.
20 EMA: The yellow line denotes 20 EMA, to interpret the 20 EMA, you need to compare it with the prevailing stock price. If the stock price is below the 20 EMA, it signals a possible downtrend. But if the stock price is above the 20 EMA, it signals a possible uptrend.
Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.
ALEMBIC PHARMACEUT S/RSupport and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline.
Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities.
Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement.
Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.
"The Alembic Pharmaceuticals (APLLTD) Buying Opportunity"APLLTD, having broken out of an average consolidation and nearing its earlier all-time high levels, is currently forming a triangle pattern. This presents a promising opportunity to enter in this stock, with a stop-loss set below the support trendline.
