Ipcalablong
IPCALAB - Trend changing ?? Your viewDetailed View about this Breakout:
No.of Resistance: 8
No.of Support: 9
Consolidation days : 775+ days
I Post educational chart for 3 Swing / Potential Stocks Everyday.
Check Related Ideas section for more Swing Stock analysis.
IPCALAB BUY ShortTerm Buy Above 690IPCALAB BUY ShortTerm Buy Above 690
Sl 680 Closing Basis
Target1 720 & 780
IPCA Lab Broke Out !!📈 IPCA Lab 📉
IPCA Lab broke out from a downtrending trendline zone after testing three times. Yes it has closed at high of Fab and March too.
So I am biased on long side.
On Buy Side I am looking for initial Targets of 1100, 1139, 1211 and 1318.
StopLoss should be kept at 965.
It offers 1 : 2.5 Risk Reward.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
