investing_views

APLLTD- Bearish Trend Continue

Short
investing_views Updated   
NSE:APLLTD   ALEMBIC PHARMACEUT
APLLTD is in a bearish trend and with its pattern probability to go down further, today it was consolidated in a very narrow range after a breakdown.
So very high possibility of breakdown from the current consolidation zone and gives a very good risk reward. As you can also see POC created a very downside in the volume profile tool which gives very good confirmation.

Entry Price:- below @571
Stop Loss:- Above @575
Target:- !:1 or 1:2 or more
Comment:
Entry and 1:1 target given
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