Alicon - CMP: 546 Rounding Bottom Breakout

4 May 2021

Stock is in positive bios. It has given rounding bottom breakout on the daily chart. It has also given Rounding bottom breakout on the weekly chart. All oscillators are indicating the continuation of bullish movement. We can expect rounding bottom pattern target of 595 in the near term. We can also expect a target of above 700 to 780 in the mid-term time frame.