LALPATHL Weekly analysisAll the readings are marked in the chat.
This is for educational purpose only
LALPATHLAB trade ideas
Future of Dr Lal Pathlabs Ltd.Dr. Lal PathLabs Limited is one of Bharat’s leading consumer healthcare brand in diagnostic services. The share price is currently 42% down from its lifetime high. It is constantly earning profit and has reduced its debt in the past few years. the company is also maintaining a healthy dividend yield. Promoter has not pledged their shares. So it is a good buy currently as the whole market is at a premium valuation and such gems are hard to find which are 42% down from lifetime high. Good for Investment purpose.
Note- Do your own analysis before investing
Risking 1.5% in Dr LAL PATH LABS for the reward of 7.5%Dr Lal PathLabs net profit zooms 54% to Rs 81.3 crore in Q3. Yet the stock is consolidating in the same place for a week, even NSE:CNXPHARMA is trading at the ATH. This might be a very good chance to enter at below price of 2400 (2394) with 1.5% stoploss.
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
LalpathlabStock name = Dr Lal Path labs Limited.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
DR LAL PATH LAB Darvas Box TheoryDarvas boxes are a fairly simple indicator created by drawing a line along lows and highs. As you update the highs and lows over time, you will see rising boxes or falling boxes. Darvas box theory suggests only trading rising boxes and using the highs of the boxes that are breached to update the stop-loss orders.
Latest High breaks
Volume Growth
Expecpted level 3359 /4200
support 1750
ready for continue rally lalpathlab has support weekly time frame and very good for minimum risk and big reward stocks
Bullish, 1st target 2700NSE:LALPATHLAB Trendline , cup & handle breakout in daily time frame , may be stock retrace 2450 and then go to 1st target 2700(8% up)
LALPATHLAB - Stock AnalysisDr. Lal Pathlabs Ltd. presents a mixed technical and fundamental profile, with some bullish and bearish signals, making it an interesting company for investors to watch.
From a technical perspective, the HighLow indicator is "Strong Bullish," suggesting that the stock is near a one-year high and likely to make a new high. The one-day analysis is "Bullish," with the latest tick showing a strong price rise, though caution is advised to keep an eye on the volume. The Parabolic SAR (PSAR) is "Bullish" with a bullish crossover, while the HighLowMABand indicates "Strong Bullish" sentiment with a positive breakout pattern.
However, the MACD (Moving Average Convergence Divergence) is "Strong Bearish," as it has experienced a bearish crossover with the signal line and a zero-line crossover. Additionally, there are indications of MACD Divergence at long-term top price points on October 16, 2023, and July 27, 2023. The Supertrend is "Strong Bearish," trending downwards.
On the positive side, daily candlestick patterns and chart patterns, including Long-Term and Medium-Term Ascending Triangles, are "Strong Bullish," providing some technical support.
From a fundamental perspective, Dr. Lal Pathlabs Ltd. has notable strengths. The company has shown tremendous growth in its Book Value over the last three years and has an impressive Piotroski F Score of 8.0, indicating excellent financial health. There's also excellent quarter-over-quarter (QoQ) FY EPS growth, and the company is earning an excess return.
Furthermore, the company's Net Profit has been consistently increasing for the last five quarters, and the same goes for Profit Before Tax, indicating strong operational performance. There has been steady growth in EPS over the last four quarters. The company also maintains a good Return On Capital Employed of 12.67% and a solid Return on Equity of 16.61%. Additionally, it boasts a good Net Margin of 12.84%.
However, Dr. Lal Pathlabs Ltd. offers a very low dividend yield of 0.760%, suggesting a preference for reinvesting profits for growth.
On the sales and asset side, there is a positive trend, with quarterly sales over the last five years showing an upward trajectory and a steady increase in Total Assets over the last three years, reflecting the company's consistent growth and financial stability.
In conclusion, Dr. Lal Pathlabs Ltd. presents a complex profile, with some bullish technical indicators but significant bearish signals. However, the company's strong fundamentals, including solid financial health and consistent growth in various aspects, make it an intriguing investment option. Investors should closely monitor both technical and fundamental developments for a comprehensive understanding of the stock's potential.
Go Long above 2479.95/2499
Stop Loss 2287
LAL PATH LABShowing strength on daily time frame. 20 & 200 ma are strong support. volume are also gud on green elephant candle which shows intrest of buyers at this price range.
Buy above 2600
SL 2385
First Target - Near 3000
it has gud potential for upside . Follow strict SL & Proper RISK REWARD RATIO. This is the only holy grail in the market.
LAL PATHLABSLooking very bullish via price action as gud pullback followed by big volume and big candle break out. Price action need to see in next week if stay positive in daily time frame. it will have huge target in near future.
SL 2310.
it has gud potential upside target. follow strict sl & proper risk reward ratio. this is the only holy grail in the market.
LALPATHLAB (w)- Rounding Bottom Structure
- Cup and Handle Formation
- Price bounced back from its Demand Zone (1800-2000)
SL-2140
LALPATHLABNSE:LALPATHLAB
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
LALPATHLAB BULLISH ABOVE 2445DR LAL faced multiple resistances near trendline, lets watch out what will happen this time near 2445, if crossed with huge volume and sustains above trendline then go long in this counter for the 20-30% upside
My view on LalpathlabLalpathlab
Above 2450-60
Looking tgt 2550-2600-2700+
Forming inverse Head & Shoulder
Keeping on radar Lalpathlab 2400 CE
#lalpathlab - good risk to rewards - Long#lalpathlab - good risk to rewards
PS : Only for learning purpose. Please consult your financial advisor before entering the trade.
LALPATHLABLALPATHLAB
cmp 2295
sl 2160
tg- 2344/2400/2460
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This level is only for education purpose
Intraday fact check In the last 7 years, only 1.69 % Intraday fact check
In the last 7 years, only 1.69 % trading sessions saw intraday gains higher than 5 % .
Topline Contraction
Sales de-grew by 3.8%. Company witnessed revenue contraction for the first time in last 3 years. (Source: Consolidated Financials)
Candle Formations Yesterday
White Spinning Top was formed for Dr Lal Pathlabs
Stock Returns vs Nifty Midcap 100
Stock gave a 3 year return of 21.64% as compared to Nifty Midcap 100 which gave a return of 130.94%. (as of last trading session)
Dr Lal Pathlabs Share Price Update
Dr. Lal Pathlabs Ltd. share price moved up by 0.71% from its previous close of Rs 2,266.05. Dr. Lal Pathlabs Ltd. stock last traded price is 2,282.15
dr lal path lab sellsell formation but after support bullish
making inverted head and sholder pattern
now this time making
right sholder in weekly time frame
best buy entry 1858
rocket after trade line break
buy near 1858 {best entry} 1941, 2081
target 3823..next 4023
LALPATHLAB BEST BUYBUY at cmp and tomorrow option buying recomended
good potential stock go for it
happy trading...
