#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.
Price has a Upward confirmation and a Weekly Demand ENJOY THE RIDE ! ! !
As per my analysis, 707 level was strong resistance of NSE:IPCALAB . Now resistance has been brake and sustained above 707. My idea is to take buy entry at level of 707 with stop loss of 666 (-41 Points Risk). My expected upside target would be 766 (+59) & 966 (+259 Points). It could be jackpot idea. Note: This is my personal analysis, only to learn stock...
The idea here is about Ipca Laboratories: Ipca Laboratories Ltd is a fully-integrated Indian pharmaceutical company manufacturing over 350 formulations and 80 APIs for various therapeutic segments. 1. Bullish Cypher pattern completed on a daily chart potential trend reversal expected. However, if the trend continues downward then the pattern is nullified. Out...
A bullish engulfing candle has been formed on the daily time frame suggesting a good move in the upward direct is very much possible. There is a good consolidation zone being formed and a breach of the zone(resistance) would surely give a good upward movement in this counter. For buying the stock should be trading above the levels of 1069 and on the other hand...