IPCIPCA was trading in descending channel since january & it broke out of with good sets of volumes on bigger timeframes i:e daily & hourly.
Should be bought with mentioned stoploss & targets.
IPCALAB trade ideas
IPCALAB - Bullish engulfingA 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 if prices fall below 1056 we could see support areas.
Do not look at the huge red candle as that was the stock split.
Above the zone any big buying that happens will take the price up.
All the best
Your feedback is highly appreciated
Good Long Term idea: IPCA LABS. IPCA Labs CMP 2176.
Looks good for X/2 entry at CMP and second X/2 entry above 2265.
Targets: 2453, 2600 and 2700+ (long Term)
Stop Loss: Below 1850 closing.
Also there will be stock split soon 2:1 in IPCA.
Ipca Lab has shown some positive diversion on daily chartIpcalab has shown some positive diversion on RSI in daily time frame and price also fall near demand zone. One can accumulate or buy now with stoploss of 1800 on closing basis for target of 2260/2460/2700
Ipca lab in demand zoneIpca lab land in demand zone again.
Sl 8% downside (DCB)
Chart publish is only for self study purpose.
Bullish Shark on IPCALABS on 1H TFReversal seen on 1H TF. Price is in demand zone.
The stock have high IV and would be ideal candidate for selling PE
IPCA LABORATORIES (LONG)took support at 2000-2100
now ready to fly
Buy at 2000-2100
SL 1950
Tgt 2454-2592-2667-2900
Must Correlate yourself also on charts before taking an entry. This is for Educational purposes only. Please consult your Financial advisor before investing.
Breaking DowntrendUpmove
Buy above 2490
Target 1 2600
Above 200 Ema, up Longterm trend
Crossing 50 EMA
Crossed downtrend line.
RSI going above 50.
IPCALAB in Range it's good sign price in a range, whenever price breaks upper range, we can see good move.
wedge pattern. trade?Ipca has broken out of the wedge just now...but should you take a position?...NO. If you watch volumes you can see they are low...so we wait..if it breaks out decisively and the PULLS BACK, touching the wedge, and then gradually starts climbing up again then it is suitable to buy. See Piramal (PEL) stock, it has done exactly that..
IPCA - 2240 TargetPrice has taken support over broadening ascending channel, Targeted zones are highlighted with red horizontal line.
take a position with the stop loss of 1936.
