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Triangle formation in IPCA Labs

Long
NSE:IPCALAB   IPCA LABORATORIES
After immense selling pressure and lots of accumulation, IPCA lab is ready for a Bull run. It has formed a triangle breakout pattern on 30 min time frame and +.

Buying Area - 2200 And below
Target - 2400, 2400+
Checkpoint - Selling Zone/Reversal zone

This analysis is done only for educational & intelligence purposes, invest or trade at your own risk.

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