LALPATHLAB trade ideas
For Only Momentum players.Just A momentum play , execution is the key here, not looking for so big levels,
Just a 1:1 (depends upon execution) Trade if you are interested.
and just close it around levels.
Red Line is Stop on DCB.
Green line is Target.
All the best.
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If you want me to investigate any chart for you then would cherish doing that for you.
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LALPATHLAB - Volume Breakout, Strong Reversal PossibilityLALPATHLAB has recently experienced a volume breakout, with a support level at 1966/1888. There is a strong possibility of a reversal in the near future, with possible targets to be determined.
This stock is definitely one to keep on your watchlist as there is potential for further upward movement,
Breakout shares to keep on rader on mondayAs the rally in the broader markets continued on Friday, the next week could be another cheerful period for bulls. Here are 2 stocks that turned eyeballs on Friday and should be kept on the watchlist for the coming week.
โDr Lal PathLabs Ltd (NS:DLPA) is a famous diagnostics chain in India, having a market capitalization of INR15,814 crores. FIIs hold a sizable 24.89% stake in the company which has risen from 23.44% in March 2022. The stock jumped 7.06% to INR 2,040.9 on Friday, as it crossed an important hurdle of INR 2,000 and that too while giving a closing on the weekly chart. The volume on the breakout day was also high, at over 772.7K shares, which was the highest one-day volume in 2023 so far.
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"
#LALPATHLAB #MOREPENLAB #IPCALAB #DIVISLAB #VIMTALAB #LAURUSLABS#LALPATHLAB
NSE: LALPATHLAB
CMP: 2345
TP: 3075
SL: 2100
TF: <6m
RR > ~3 times
Return > 30%
THYROCARE CNXPHARMA LUPIN SUNPHARMA SPARC DIVISLAB DRREDDY AUROPHARMA BALPHARMA GLENMARK SANOFI PFIZER BPLPHARMA MARKSANS BIOCON GRANULES IPCALAB LAURUSLABS NATCOPHARM GLAND ALKEM ZYDUSLIFE APOLLOHOSP FORTIS AARTIDRUGS ZYDUSWELL MAXHEALTH BAJAJHCARE
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
DR. LAL PATH LABS LTD - Multiple Indicators + Just a View ๐ Script: LALPATHLAB (DR. LAL PATH LABS LTD.)
๐ Nifty50 Stock: NO
๐ Sectoral Index: NIFTY PHARMA / NIFTY500 / NIFTY MIDCAP
๐ Sector: Healthcare
๐ Industry: Healthcare Service Provider
Key highlights: ๐กโก
๐ Script is trading at upper band of Bollinger Bands (BB) and it may give breakout of it.
๐ MACD is giving crossover.
๐ Double Moving Averages may also give crossover.
๐ Volume is increasing along with price.
๐ Current RSI is around 61.
๐ One can go for Swing Trade.
โฑ๏ธ C.M.P ๐๐ฐ- 2567
๐ข Target ๐ฏ๐ - 2849
โ ๏ธ Stoploss โ ๏ธ๐ซ - 2401
โ ๏ธ Important: Always maintain your Risk & Reward Ratio.
โ
Like and follow to never miss a new idea!โ
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat๐ Sleep๐ด TradingView๐ Repeat ๐
Happy Navaratri ๐๏ธ ๐๐ป๐บ๐ป
Happy learning with trading. Cheers!๐ฅ
LALPATHLAB - MY STUDY ๐ Script: LALPATHLAB
๐ Nifty50 Stock: NO
๐ Sector: Health Service, Medical/Nursing Services.
This stock pick is according to my study. I have use 4 indicator that is
BOLLINGER BAND
MACD
RSI
DOUBLE MOVING AVERAGE
๐ Stock is trading at upper band of BB.
๐ There is MACD crossover.
๐ RSI is around 66.
๐ There is crossover of double moving average.
๐ข Target ๐ฏ๐ - 2450
โ ๏ธ Stoploss โ ๏ธ๐ซ - 2216
โ ๏ธ Important: Always maintain your Risk & Reward Ratio.
โ
Like and follow to never miss a new idea!โ
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.