lalpathlab buy swing /pos
now at 3329 buy near 3285
avg at 3250
sl 3215 2-3%
tgt 4%8%12%16%
buy near means 10+or- consider boz buyers zone
Lalpathlablevels
Dr. Lal Path Lab Strong Bullish Momentum, Eyeing ₹3600On the weekly chart, Dr. Lal Path Lab stock is exhibiting a strong bullish trend, with solid upward momentum pushing the stock higher. Based on multiple RSI indicators, the stock remains above 60, signaling continued strength in the trend and positive buying pressure.
Key Technical Insights:
The stock is currently in a bullish phase and has broken key resistance levels, suggesting that it could continue its upward movement.
₹3249 is a major support level, providing a cushion for any potential short-term corrections and helping maintain the bullish bias.
Considering all technical indicators, the stock stands out as an excellent candidate for swing trading, with an expected target of ₹3600 during the October expiry.
Market Sentiment:
While the technical outlook for Dr. Lal Path Lab is highly favorable, a few external market factors could impact its trajectory:
Ongoing Middle East tensions may create volatility in global markets, including India.
FII outflows from the Indian stock market add an element of risk, as foreign investors are pulling back due to global uncertainties.
Conclusion:
Dr. Lal Path Lab presents a strong swing trading opportunity, with a target of ₹3600 in October. Despite broader market risks like geopolitical concerns and foreign investor outflows, the stock’s technical strength makes it a promising pick in the current environment.
Disclaimer: This is for educational purposes only and not financial advice. Please do your own research before making any investment decisions.
Lalpathlab - Elliott Wave CountLalpathlab - Elliott Wave Count
the market seems its on the wave B with the target of near 3000 range and the we can expect big reversal of wave C downside. wave B high will be SL of the short trade.
Please note that this information is for educational purposes only, and it is crucial to trade with caution.
NSE:LALPATHLAB NSE:LALPATHLABZ2023 BSE:LALPATHLAB
Lalpath labs investment/swing tradeWe can invest at this level or do positional trade.
Stop loss will be previous swing for investor and breakout candle for postional traders
LALPATHLAB : Weekly SupportLALPATHLAB is trading near weekly FLIP support zone, it is major support zone for any charts.
1865 is good level for expecting change the trend and good entry point with best R:R. Do you analysis before entering any trade.
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
I may be 100% wrong as its my personal trade.
First Learn and then remove "L"
LALPATHLABThis stock has recently formed a double top pattern, which is a bearish sign, and also near mediun of depth of same pattern, so if it brokes 3600 levels than we can say that another doors have been opened towards south direction, or we can say towards previous swing lows near 3312. One can go short only below 3600 levels with stop loss of hourly closing above 3642.
All the key levels are mentioned in chart with Stop-loss and Targets.
Key Levels are Mentioned on chart
Overall scenarios
Macd in daily negative crossover
Macd in hourly negative crossover
Rsi in hourly below 40
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
