RETRACEMENT TRADE IPCA LABS

Jun 5, 2023

After a big selling pressure price trying to rebound from lower levels and currently giving a breakout above a horizontal resistance so we can consider it is breakout and can go long for the target of 740 and 794 with taking a stop loss of 704 below on daily candle closing basis.



NOTE- Only for Education Purpose.

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Jun 6, 2023

Trade closed: target reached

TARGET 1 ACHIVED

Jul 7, 2023

Note

AFTER DID TARGET ONE GOOD GOING FOR TAGET TWO REACHED 765 FROM 724 CHART IS IMOROVING WITH SOME INDICATORS TOO

Jul 18, 2023

Trade closed: target reached

TARGET 2 OF 794 ALSO ACHIVED FROM 724 GAINED ALMOST 10%, SEEMS MORE UPSIDE IS REMAINING IF PRICE WILL SUSTAIN ABOVE 795 AND CLOSE, BUT I AM CLOSING LAST AND FINAL UPDATE FOR THIS PUBLICATION