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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.

10 day averaged volume of Alembic is 525651

Date	Daily Closing Price	Open	High	Low	Volume
06 Mon May 2024	91.25	92.35	93.25	90.30	0.784 times
03 Fri May 2024	91.60	93.35	93.35	90.70	0.801 times
02 Thu May 2024	92.65	93.20	93.25	92.30	0.525 times
30 Tue Apr 2024	92.70	94.40	94.80	92.35	0.873 times
29 Mon Apr 2024	93.95	95.00	96.05	93.30	1.137 times
26 Fri Apr 2024	94.35	95.25	97.00	94.00	1.103 times
25 Thu Apr 2024	94.75	95.95	96.45	94.55	0.876 times
24 Wed Apr 2024	95.75	94.55	96.25	94.00	1.143 times
23 Tue Apr 2024	93.80	92.95	94.80	92.85	1.176 times
22 Mon Apr 2024	92.00	93.40	94.70	90.95	1.375 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 92, but if it comes above 92, then a intra day buy could be more profitable.
If you take a sell trade below 92, then use 92 as stoploss and 89.8 as target. However if you take a buy trade in stock , then use 92 as stoploss and 93.94 as target.

Share price targets for Alembic (ALEMBICLTD)

Target Type	Value
Downside Target	78.10
Downside Target	84.25
Downside Target	88.55
Upside Target	93.20
Upside Target	94.85
Upside Target	96.05
Upside Target	97.00
Upside Target	100.00
Upside Target	101.25
Upside Target	101.95
Upside Target	107.65

Intraday share price targets for Alembic (ALEMBICLTD)

Target Type	Value
Downside Intraday Target	89.95
Downside Intraday Target	88.65
Upside Intraday Target	92.9
Upside Intraday Target	94.55
Upside Intraday Target	91.6

Weekly technical analysis of Alembic (ALEMBICLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Mon May 2024	91.25	92.35	93.25	90.30	0.235 times
03 Fri May 2024	91.60	95.00	96.05	90.70	0.588 times
26 Fri Apr 2024	94.35	93.40	97.00	90.95	1.331 times
19 Fri Apr 2024	92.70	92.90	94.85	89.55	0.63 times
12 Fri Apr 2024	94.40	97.00	100.00	94.10	0.713 times

Price has moved down 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
06 Mon May 2024	91.25	93.20	93.35	90.30	0.075 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
29 Thu Feb 2024	98.50	94.10	107.65	93.20	1.262 times

Scroll below to view daily charts

Price has moved down 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

MACD generated a SELL signal for Alembic in short term but the sell signal is initial and weak.

Alembic Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Alembic in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 93.4 and Alembic (ALEMBICLTD) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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

Alembic Stock has given negative 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.