ALKEM Outlook for the Week (October 28, 2024 – November 01, 2024)
Alkem Laboratories closed the previous week on a negative note losing -3.69%.
Technically, Alkem Laboratories share price will see immediate support at 5,748.37 and immediate resistance would be seen at 6,193.37.
If Alkem Laboratories share price closes below immediate support of 5,748.37, then sharp breakdown can be seen. Alkem Laboratories share price will see major support at 5,554.18 for the week.
On the positive side, immediate resistance will be seen at 6,193.37. Closing above 6,193.37, Alkem Laboratories share price will see a sharp breakout. Major resistance for Alkem Laboratories share price will be seen at 6,444.18 for the week.
Trading range for Alkem Laboratories share price for this week should be between 5,303.37 on down side and 6,638.37 on up side.
Alkem Laboratories Previous Week Open: 6170
Alkem Laboratories Previous Week High: 6250
Alkem Laboratories Previous Week Low: 5805
Alkem Laboratories Previous Week Close: 5942.55
Alkem Laboratories Previous Week Range: 445 Points
Alkem Laboratories share price support and resistance for the week (October 28, 2024 - November 01, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 6,638.37 |
| Resistance 2 | 6,444.18 |
| Resistance 1 | 6,193.37 |
| Support 1 | 5,748.37 |
| Support 2 | 5,554.18 |
| Support 3 | 5,303.37 |
