Chartworld1

Alkem- Looks good for reversal

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NSE:ALKEM   ALKEM LAB LTD
Alkem is taking support at last breakout on weekly timeframe. Volumes were significantly higher since Pharma sector will now be flavor. This could give around 15-25%(depending on market condition.) RS is still +ve and RSI is in oversold zone. We can see a pullback.

SL should be around 3100(WCB)

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