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Elderbro89

IPCA may bounce back from support line

Long
IPCA LABORATORIES (NSE:IPCALAB)  
Elderbro89 Updated   
NSE:IPCALAB   IPCA LABORATORIES
Support and Resistance
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supportandresistance
IPCA is clearly oversold (RSI < 30 and continuously near lower Bollinger Band) and is near support line. Stock could bounce up in near term.
Comment:
IPCA bounces back from support line as epected!
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