ALKEM Outlook for the Week (December 16, 2024 – December 20, 2024)
Alkem Laboratories closed the previous week on a negative note losing -2.90%.
Technically, Alkem Laboratories share price will see immediate support at 5,242.73 and immediate resistance would be seen at 5,601.18.
If Alkem Laboratories share price closes below immediate support of 5,242.73, then sharp breakdown can be seen. Alkem Laboratories share price will see major support at 5,112.92 for the week.
On the positive side, immediate resistance will be seen at 5,601.18. Closing above 5,601.18, Alkem Laboratories share price will see a sharp breakout. Major resistance for Alkem Laboratories share price will be seen at 5,829.82 for the week.
Trading range for Alkem Laboratories share price for this week should be between 4,884.28 on down side and 5,959.63 on up side.
Alkem Laboratories Previous Week Open: 5532.95
Alkem Laboratories Previous Week High: 5700
Alkem Laboratories Previous Week Low: 5341.55
Alkem Laboratories Previous Week Close: 5372.55
Alkem Laboratories Previous Week Range: 358.45 Points
Alkem Laboratories share price support and resistance for the week (December 16, 2024 - December 20, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 5,959.63 |
| Resistance 2 | 5,829.82 |
| Resistance 1 | 5,601.18 |
| Support 1 | 5,242.73 |
| Support 2 | 5,112.92 |
| Support 3 | 4,884.28 |
