Alkem lab

Alkem lab. Long term bet. Portfolio stock. CMP:3305 sl:2850(wcb). Stock started its upward rally from jun'19 from the level around 1650 and reached the level around 4050 in oct'21. Stock went under correction from last Oct'21 to this year Oct'22..stock created a base around 2850 level and formed double bottom, which is 50% Fibo level too..so 2850 is a very important level. Target for short term 3750/4050..long term Target will be 4800/6000
Chart Patterns

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