Dr. LalPath Labs: Diagnostics at a Critical Crossroad
Technical Analysis (Weekly Chart):
Support Level: The stock has established a median support level around ₹3000.
Resistance Levels: Immediate resistance observed at ₹3,200 with Major Resistance located at ₹3,550, 3850 and 4245, all of which might act as a significant barrier in the near term.
Keep in mind:
Disclaimer:
This analysis is intended for educational purposes and is not a recommendation to buy. It is important to learn how to recognize and understand patterns in stock movements.
Support Level: The stock has established a median support level around ₹3000.
Resistance Levels: Immediate resistance observed at ₹3,200 with Major Resistance located at ₹3,550, 3850 and 4245, all of which might act as a significant barrier in the near term.
Keep in mind:
- Nifty remains in a correction phase. A deeper market correction could drag the stock price down, even if its current technicals suggest upward potential.
Disclaimer:
This analysis is intended for educational purposes and is not a recommendation to buy. It is important to learn how to recognize and understand patterns in stock movements.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.