📊 Script: IPCALAB
📊 Sector: Pharmaceuticals
📊 Industry: Pharmaceuticals - Indian - Bulk Drugs
Key highlights: 💡⚡
📈 Keep An Eye on Script, it is trading near its resistance level which is 1248 and may give breakout of it.
📈 Script is trading at upper band of BB.
📈 MACD is giving crossover.
📈 Double Moving Averages are also giving crossover.
📈 Right now RSI...
Ipcalab , a pharmaceutical company, is currently positioned at its Fibonacci reversal levels, indicating a potential turning point in its price action. Following bullish signals, the stock is expected to trade within the range of 1320 to 1350. This suggests a positive sentiment among investors, with the possibility of upward momentum in the near term. Traders may...
#IPCALAB
Stock looks good for another 20-25% move above.
A candle close below ₹1100 would trigger me to close the position.
1) There is a bullish pennant forming with measured target of above ₹1400
2) Horizontal previous ATH support - Looks great.
About IPCA laboratories
Ipca Laboratories Limited is an Indian multinational pharmaceutical company based in Mumbai, India. It was founded in 1949 by a group of businessmen and medical professionals. The company manufactures and markets a wide range of pharmaceutical products, including active pharmaceutical ingredients (APIs), formulations, and bulk drugs.
Ipca...
IPCALAB has given a resistance breakout with high volume, so there is a very high chance that it will continue to rally upward.
Entry Above @1015 looks good and stops Loss Below @950
NSE:IPCALAB Stock currently break her resistance and also retracement complete, take position for first target of 1005 and stop loss is 925. Risk reward is 1:3
I am not SEBI registered, I am not responsible for any of your Profit/loss with this channel's suggestion. Please Consult your financial advisor before making any investment. I am providing trade views...
Ipca laboratories Ltd
Key highlights: 💡⚡
✅On 1Day Time Frame Stock Showing Breakout of Bullish Flag Pattern.
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1145+.
✅Can Go Long in this stock by placing a stop loss below 845-.
Hello & Welcome to this analysis
The outlook has been down from quarterly, monthly, weekly & daily chart study.
Its been in a 2 years downtrend, now near a support but yet to give any reversal confirmation. If this level of 700 fails to hold the next major support comes in at 600.
Overall its a wait and watch stock even from a bounce back point of view
Conditions Meeting:
1) Strong Stock
2) 50% Retracement from All time high.
3) Panic Buying after huge gap down opening.
4) Currently Pharma and Medical Sectors are booming.
Entry price range = 700 to 720
Stoploss Planning = Max Stoploss at 687
Profit Planning
1) Target 1 = Book 50% Qty at 1000 Price Level
2) Target 2 = Book 25% Qty at 1250 Price Level
3) Target...
