Price has taken support over broadening ascending channel, Targeted zones are highlighted with red horizontal line. take a position with the stop loss of 1936.
IPCA LAB just given breakout out od double bottom formation
Add Ipcalab 1900-1850 we seen 2000/2100/2200+ view invalid below 1780 cb sl Note:- All views are education purpose only.
Buy identified in IPCALAB for short term investment on 8th For study purpose only
IPCA - Has gone into consolidation immediately after the long volume candlebar. AVWAP proving a strong resistance. Need to cross the AVWAP with volumes for next big move. Similar consolidation happened earlier also as highlighted in Chart. DISC: Not a SEBI Registered. I post charts for my own study.
NSE:IPCALAB is currently at the FIBONACCI LEVELS of 0.618 , and if it sustains this level we can see it going upwards from here. While ParabolicSAR is not giving a clear indicator, however if the share maintains the upside in the upper StocRSI BAnd, the stock can stand the rally. No Big Bets. Disclaimer: The analysis is for the education purpose. Kindly...
IPCA is movig in a smooth channel. It is in 52week high zone, in a good momentum and RSI is showing good signs.
INVESTMENT BUY IPCALAB 2140-2100 SL 2000 TG 2300-2400-2500
Buy IPCA lab at the CMP with SL 1776 for intraday and SL 1730 for short term and for TGT >1900 MACD cross over TK cross over Huge volume buy
Short Term Cash Buy IPCALAB @1778.00-1780 SL 1744 TGT 1840 TK cross over with MACD buy with good volume
The Major pattern is the Broadening pattern which stock is following since last year October 2019, it has almost doubled from then. but if you see from April2020, the stock was consolidating sideways forming channel pattern. So indirectly it contributed towards flag formation, it has broken upside. Technically, There are 2 Targets , Channel and Flag Formation T1...
breakout with volume short term upside ? comment, hit like if you think so