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(ALEMBICLTD) Alembic complete technical analysis [charts+indicators] | Buy/Sell Alembic | (ALEMBICLTD) share price targets

Complete technical analysis of Alembic (ALEMBICLTD) by charts plus indicators, forecast predictions and share price targets for Alembic (ALEMBICLTD)

Alembic trades in NSE in Pharmaceuticals sector.

Showing technical analysis as on 2024-06-12 View latest technical analysis

10 day averaged volume of Alembic is 908328

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	104.23	103.37	106.00	103.15	2.008 times
11 Tue Jun 2024	102.81	101.05	104.00	100.10	1.485 times
10 Mon Jun 2024	100.84	101.15	101.90	100.15	0.832 times
07 Fri Jun 2024	100.90	97.50	101.90	97.10	1.289 times
06 Thu Jun 2024	97.35	95.70	98.35	95.35	0.774 times
05 Wed Jun 2024	94.70	91.25	95.20	90.25	1.067 times
04 Tue Jun 2024	91.20	99.00	99.00	86.30	1.244 times
03 Mon Jun 2024	99.30	101.50	102.30	98.75	0.855 times
31 Fri May 2024	98.60	99.45	100.50	97.30	0.749 times
30 Thu May 2024	98.65	100.40	101.50	98.40	0.745 times

Stock of Alembic (ALEMBICLTD) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 104.1, but if it comes below 104.1, then a intra day sell could be more profitable.
If you take a sell trade below 104.1, then use 104.1 as stoploss and 100.56 as target. However if you take a buy trade in stock , then use 104.1 as stoploss and 108.4 as target.

Share price targets for Alembic (ALEMBICLTD)

Target Type	Value
Downside Target	78.10
Downside Target	84.25
Downside Target	93.20
Downside Target	97.30
Downside Target	100.00
Downside Target	103.40
Downside Target	104.15
Upside Target	106.00
Upside Target	107.65
Upside Target	110.45

Intraday share price targets for Alembic (ALEMBICLTD)

Target Type	Value
Downside Intraday Target	100.89
Downside Intraday Target	97.54
Upside Intraday Target	106.79
Upside Intraday Target	109.34
Downside Intraday Target	103.44

Weekly technical analysis of Alembic (ALEMBICLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	104.23	101.15	106.00	100.10	0.827 times
07 Fri Jun 2024	100.90	101.50	102.30	86.30	1.168 times
31 Fri May 2024	98.60	103.90	104.15	97.30	0.368 times
24 Fri May 2024	103.35	101.95	110.45	100.45	0.39 times
18 Sat May 2024	101.65	88.70	103.40	85.30	13.984 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Alembic (ALEMBICLTD)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	104.23	101.50	106.00	86.30	0.188 times
31 Fri May 2024	98.60	93.20	110.45	85.30	3.117 times
30 Tue Apr 2024	92.70	84.45	100.00	84.25	1.033 times
28 Thu Mar 2024	83.45	100.00	101.95	78.10	0.302 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Alembic (ALEMBICLTD)

Price action analysis of Alembic ( (ALEMBICLTD) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Alembic ( (ALEMBICLTD) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Alembic ( (ALEMBICLTD) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Alembic stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Alembic in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Alembic Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Alembic in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Alembic is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 99.39 and Alembic (ALEMBICLTD) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Alembic (ALEMBICLTD) stock. Volume based technical analysis of Alembic (ALEMBICLTD) stock is negative.

Alembic Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.