ALKEM - IntraDay Trade Analysis with Live Signals

Last Updated Time : 19 Sept 25, 2:16 pm

IntraDay Trade Rating: 4.2

📈 Intraday Trading Analysis for ALKEM (Alkem Laboratories Ltd.)

ALKEM is showing a strong technical setup for intraday trading today. With bullish momentum, rising volume, and solid fundamentals, it’s well-positioned for short-term trades. The stock is trading above key moving averages and supported by institutional inflows.

🔍 Technical & Momentum Overview

RSI at 66.8: Bullish and nearing overbought — signals strength but watch for reversal.

MACD at 84.7: Strong positive crossover — confirms upward momentum.

Price Action

Trading above both 50 DMA (₹5,224) and 200 DMA (₹5,133) — bullish structure.

Current price ₹5,480 is in a breakout zone with potential toward ₹5,600+.

Volume

Today’s volume (1.62L) is above 1-week average (1.25L) — confirms strong participation.

Fundamentals

Strong ROCE (19.5%), ROE (19.9%), and EPS (₹197) — operational excellence.

Reasonable P/E (30.4) vs Industry PE (33.4) — fair valuation.

Low debt (0.04) and DII inflow (+2.38%) — sentiment support.

Quarterly profit growth (+11.8%) — positive earnings momentum.

🎯 Trade Setup

If Entering Fresh Today

Buy Zone: ₹5,460–₹5,470 (slightly below current price and near intraday support)

Profit Target: ₹5,580–₹5,620 (resistance zone)

Stop-Loss: ₹5,420 (below 50 DMA and recent swing low)

If Already Holding

Exit on Strength

If price approaches ₹5,620+ and RSI crosses 70 — signals short-term exhaustion.

Volume spike above 1.8L confirms breakout — consider partial booking.

Exit on Weakness

If price drops below ₹5,420 with MACD flattening or turning negative.

RSI falling below 60 — signals momentum reversal.

🧠 Final Verdict

ALKEM is a technically and fundamentally strong intraday candidate, ideal for breakout traders and scalpers. Momentum, volume, and price action are aligned for upside continuation. Just keep an eye on resistance near ₹5,620 and manage risk tightly.

Edit in a page