Indian Stock Market Hot Tips & Picks in Shares of India - Alkem Share Elliot wave Analysis

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ALKEM @ 5650 UPDATEFrom ATH of 6445 till recent low of 5350 stock gave 5 waves decline which means stock is forming 5-3-5 corrective pattern.At low of 5350 we got wave A and now from 5350 stock is in middle of wave B bounce which can go upside towards 5900 to 6075 & anywhere from this resistance zone its should complete wave B and start the wave C correction.