Alkem Labs broke the neckline of Inverted Head and Shoulder on the daily chart, retested the neckline and it is looking good for a decent run. The HNS target comes to Rs.5616, which is a good 11.29% from the CMP of Rs. 5146.
The Inverted Head and Shoulders pattern is a bullish reversal chart pattern in technical analysis, signaling a potential shift from a downtrend to an uptrend.
Moreover, the stock is above trading above 11 & 22 DEMA which signifies good uptrend and momentum.
MACD is above zero line and RSI is at 58 indicating strength and momentum.
One can keep an eye on this stock for decent 11% return in short term. It will report its Q4'25 earnings on 29th May,2025. The expected revenue is 31.68B.
Keep investing!!!
The Inverted Head and Shoulders pattern is a bullish reversal chart pattern in technical analysis, signaling a potential shift from a downtrend to an uptrend.
Moreover, the stock is above trading above 11 & 22 DEMA which signifies good uptrend and momentum.
MACD is above zero line and RSI is at 58 indicating strength and momentum.
One can keep an eye on this stock for decent 11% return in short term. It will report its Q4'25 earnings on 29th May,2025. The expected revenue is 31.68B.
Keep investing!!!
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。