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IPCA Laboratories - 2 month weekly high + trendline breakout
IPCA LABORATORIES LTD
Long
IPCA Laboratories - 2 month weekly high + trendline breakout
By drupadk
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Jul 25, 2021
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Jul 25, 2021
Ipca Labs has moved out of a 9 month long consolidation/decline as shown by the chart.
Ipca Labs can be bought here as a medium term trade/investment.
Targets : 2450 (prior high) and higher (open target since stock will be in new territory)
Stop Loss: 2085 WCB (3 week closing low is 2089). A deeper but more logical SL is 2045 WCB.
Chart Patterns
Technical Indicators
ipcalabs
Trend Analysis
drupadk
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