Piscean17th

Short : Lalpath Lab looking Weak

Short
Piscean17th Updated   
NSE:LALPATHLAB   DR LAL PATHLABS LTD


Good Day

Hello Traders,

Dr LalPath Labs is good candidate for short if it starts trading below 2371 with a minimum traget of 2268 and if further slips then you can
see 2133 - 2050 also coming in the near future.

Trade cautiously with Stop Loss as per your capital and risk appetite.
Time Frame : Daily

Disclaimer : I am not SEBI registered analyst, this is for educational purposes.
Please trade as per your risk and do consult with your financial advisor before taking any
trading decisions..

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Trade active:
Time : 12:43 PM (11th Oct 2021) Traded as per plan. Gave a nice fall from 2371 to 2298 levels.
Comment:
Trade executed perfectly as the day closes at 2267 , however it touched a low of 2251, gave a straight fall from 2271 to 2251. As of now , one can close the trade or if you can still hold as more panic will create if it slips further down. Sellers are in control here and they can further push the price close to 2125.

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