LALPATHLAB has broken out upside after its consolidation in a triangular channel. The impulsive bullish breakout candle is followed by 2 small range pulllback candles thus forming a bullish flag pattern. The structure suggests that the trend will continue in the direction of the breakout.
A long entry can be taken at the break of yesteraday's high above 1691.05 TG1: 1719 TG2: 1746
NOTE: Trade with confirmation of momentum & volume on lower timeframes in intraday.