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ALEMBIC PHARMA – TECHNICAL CHART STUDY

ALEMBIC PHARMA_1

buy APLLTD above 286 sl 267 target 300-315-325

technical chart study

as we can see that from past long time stock is taking support on trend line, and moving upward.

even we can see that rsi also taking support on trendline, in todays session rsi able to move up from support level, as of now rsi having a good scope for up move now.

there is also a “POSITIVE DIVERGENCE” on chart so we can see a good up move in stock if able to sustain above mention level and in coming day it we can even suspect a new fresh high on chart.

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