When Money Talks Markets sing@ 9:45 AM – Wednesday, August 7th 2024

# In early action, Alkem Laboratories (+141, 5465) is a star outperformer with substantial increase price backed with volumes.

# The biggest positive catalyst: A probable symmetrical triangle pattern breakout on the daily charts indicating upside targets at 5650/5700 zone. Positive bias as long as 5251 holds as support.

# The Gyan Mantra: Keep it on your radar with buy on dips as a preferred strategy.

*Disclaimer:* This does not construe to be an investment advice. Stock market investments are subject to market risks. All information is a point of view, and is for educational and informational use only. The author accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

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