rkvsenthil

IPCALAB :: Near buy Zone

Long
NSE:IPCALAB   IPCA LABORATORIES
Accumulate on dips during the next 4 -5 sessions near the buy Zone..
S/L : 1950
Target :: Use FIB levels / Channel Top


Reasons for increased probability::
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-- Good buying pressure (Demand candles) seen below 2150 levels with decent volumes.

-- Momentum drop has paused in RSI,, hoping it will pickup

/**
Caution : Pharma stock... Prefer allocating <5% of your capital.
This is just a probability and trade only if you know about "Risk Management".
Consult your financial advisor to know more about the risks associated with buying / selling shares.
**/
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