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Alembic Pharma

Discussion in 'Technical Analysis' started by sujan4bw, Aug 5, 2012.

  1. sujan4bw

    sujan4bw Member

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    Hi All,

    Alembic is making higher highs and higher lows right from june mid.

    My view is can be traded at CMP. Let me know your views.

    Regards
    Sujan
     
  2. shabbir

    shabbir Administrator Staff Member

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    Its doing the same from Dec 2011 and so yes should be good entry into stock at current levels.
     
  3. drsuraimardi

    drsuraimardi New Member

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    Dear Shabbir
    What would be the target of Alembic if one holds it for 3 years ?
     
  4. shabbir

    shabbir Administrator Staff Member

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    Targeting for 3 years is like putting a random number to it.
     
  5. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    alembic pharma is making high top high bottom from jan 2012 I think it will be good call above 61 with stoploss of 56.
    share ur views.
     
  6. sujan4bw

    sujan4bw Member

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  7. sanjay_sansanwal

    sanjay_sansanwal Contributor

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  8. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Booked 40% @ 66, it has break it's previous high of 66.80 with good volume and made a high of 67.60, cmp is 66.60.
    I think still it is a good buy with stoploss of 58
     
  9. sujan4bw

    sujan4bw Member

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    Freequent corrections and pull backs showing strength of the stock.
     
  10. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Booked 30% @ 71 now my stop is 66
     
  11. shabbir

    shabbir Administrator Staff Member

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    Merged both Alembic Pharma threads.
     
  12. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    All profit booked @ 76.
     
  13. verenmitter2001

    verenmitter2001 Member

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    Is it still good buy and to enter at CMP 71?
    I am tracking is equity from past few days and now Moneycontrol has started giving positive buy calls for Aembic so getting skeptical to buy now.... lol
    though moving average charts are positive. please comment.
     
  14. shabbir

    shabbir Administrator Staff Member

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    Don't see those recommendation and if you follow my ebook, you should be able to give those recommendations as well. In fact better than those MC people.
     
  15. verenmitter2001

    verenmitter2001 Member

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    Shabbir thats the reason I was skeptical as I dont follow them as 6 month back ,when i used follow them i realised what ever they say goes the other way. If they say buy mean sell, Sell means buy...lol
    So when my analysis is saying yes BUY and even they say buy so getting confuse. I am talking on the lighter side but My analysis give a very positive SMA for this stock.
    But the thread is quite old and now the price is too high. Am I late in investing or still good to buy.
    I am a new entrant so getting sure.
    regards
    veren
     
  16. shabbir

    shabbir Administrator Staff Member

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    You are definitely late as of now but that does not mean new opportunities cannot be spotted.

    My view is you should be buying when the stock crosses 78 as of now and wait for the stock to have some correction between 78 and 68
     
  17. vishuhd1

    vishuhd1 Member

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    Shabbir,
    Can Alembic pharma be classified under Multibagger list?.. I just see the chart and it is excellent ever since it got listed.. Its now trading at around 104 levels.. Its really a good buy according to me.. Please share your thoughts on this..
     
  18. shabbir

    shabbir Administrator Staff Member

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    Yes and tagged it.