ALKEM LABORATORIES – Weekly Elliott Wave View
The chart presents a clear 5-wave Elliott impulse in progress. Wave 4 appears to be completed or near completion, resting at the golden 0.618 Fib level of Wave 3. The broader uptrend remains intact inside the long-term channel.
Key Levels:
Support: ₹4,475 – ₹3,956
Resistance: ₹5,272, ₹6,439, ₹6,700, and ₹8,407 (Wave 5 projection)
RSI at 40.58 indicates consolidation but signs of bullish divergence are emerging. A strong bounce from current support could trigger Wave 5 toward new highs.
Bias: Bullish | Awaiting Wave 5 Initiation
The chart presents a clear 5-wave Elliott impulse in progress. Wave 4 appears to be completed or near completion, resting at the golden 0.618 Fib level of Wave 3. The broader uptrend remains intact inside the long-term channel.
Key Levels:
Support: ₹4,475 – ₹3,956
Resistance: ₹5,272, ₹6,439, ₹6,700, and ₹8,407 (Wave 5 projection)
RSI at 40.58 indicates consolidation but signs of bullish divergence are emerging. A strong bounce from current support could trigger Wave 5 toward new highs.
Bias: Bullish | Awaiting Wave 5 Initiation
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.