Lalpath
SHORT LALPATH @ 2610Lalpath was consolidating near resistance zone and giving breakdown on the lower side. We expect to test lower trend line which gives almost 200 points of move.
Short trade can be taken in Lalpath and refer to green lines marked on the chart for targets, trade will be valid until top red line is intact on the upper side.
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Happy Trading!
📈 Exciting Bullish Pattern Alert! 🐂📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Head & Shoulder
📌 Symbol/Asset: LALPATHLAB
🔍 Description: Stock has given a breakout of Head & Shoulder pattern and now retested the neck line. So its very likely stock will bounce from the neck line and we cann see momentum on the upside !!!
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
LALPATHLAB breakout on weekly trendline with high volumeLALPATHLAB has given a breakout on weekly trendline with high volume. It's good stock and almost trading in downtrend since 2021, and corrected from ATH -4245. Now trend reversal is expected and can achieve targets up to 3250 in coming weeks. Keep eye on it or add at mentioned levels.
Lalpath-Entry TimeThe stock has shown a reversal sign last day. Today if crosses the previous day high and sustains above, then the rally may take the prices above 4000. Try to enter around 3600 if retraces, with a stop loss of 3520 on a closing basis.
Just for learning and sharing purposes.
Not a bit of trading advice.
We cant fix our profit in a trade, but we can fix our loss by strict stop-loss.
Try to maintain stop loss in every trade. Best Of Luck.
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