LALPATHLAB
LALPATHLAB |Upcoming Trade set up|Hey Family, there is a one more stock Which is showing a great opportunity.
Key Points:-
* Formation of Rectangular box Pattern in Daily TF.
* From Aug 2024 to 3 Oct 2024 its in range.
* From Aug 2024 to 3 Oct 2024 Tested & Moving Resistance Many times.
* It's Break resistance Zone and trying to Sustain Above Resistance Zone with good volume.
* Volume Accumulation (Volume is Rising).
What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
Cup & Handle Breakout | ALPA LABS⭕️ Swing Trading opportunity ! Weekly Analysis Alert !!!⭕️
✍️Technical Reasons to trade or Strategy applied :-
✅Chart Pattern Analysis
✅Parallel Channel worked as Support And Tgt
✅Breakout confirmation
✅Rise in Volume
✅Strong Resistance Breakout in Years
✍️BUY @ CMP
🎯TGT- 150
💰ROI- 25%
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✍️COMMENT Below your view !
DR. LAL PATH LABS LTD MASSIVE LONG OPPORTUNITYDr Lal Pathlabs Limited shown consolidation and correction and in charts
It can be seen in sorter time frame it has given rounding bottom break out.
Now after that if we see a longer time frame there is a big rounding bottom potential breakout happening it is also indicated by FII & DII holding increased by significant %
Bullish Head and Shoulders Pattern in Lal Path lab.The head and shoulders pattern is a popular technical analysis pattern that typically indicates a reversal of a bullish trend. Here's how it typically appears:
- **Head and Shoulders Pattern**:
- **Shoulders**: There are two peaks (shoulders) nearly equal in height with a higher peak (head) between them.
- **Neckline**: A trendline drawn connecting the lows of the troughs between the peaks (shoulders).
- **Volume**: Generally, volume tends to decrease as the pattern develops, with a noticeable increase at the breakout point.
- **RSI**: RSI (Relative Strength Index) often shows a divergence where the second shoulder forms, indicating weakening bullish momentum.
Description:
- **Monthly Chart**: The pattern spans over a longer time frame, suggesting a significant potential reversal.
- **Good Volumes**: Volume confirms the pattern's validity, ideally showing higher volume at the formation of the head and the breakout.
- **RSI Above 58 and Rising**: RSI being above 58 and rising suggests increasing bullish momentum, supporting the potential reversal indicated by the pattern.
- **Above Key EMA Levels**: Trading above key Exponential Moving Average (EMA) levels further reinforces bullish sentiment.
This combination of factors indicates a potentially strong head and shoulders pattern on the monthly chart of Lal Path Labs, suggesting a reversal from a bullish trend to a bearish one. Traders often look for confirmation through a decisive break below the neckline to validate this pattern. Always consider other technical and fundamental factors before making trading decisions.
Bullish Head and Shoulders Pattern in Lal Path Lab.The head and shoulders pattern is a popular technical analysis pattern that typically indicates a reversal of a bullish trend. Here's how it typically appears:
- **Head and Shoulders Pattern**:
- **Shoulders**: There are two peaks (shoulders) nearly equal in height with a higher peak (head) between them.
- **Neckline**: A trendline drawn connecting the lows of the troughs between the peaks (shoulders).
- **Volume**: Generally, volume tends to decrease as the pattern develops, with a noticeable increase at the breakout point.
- **RSI**: RSI (Relative Strength Index) often shows a divergence where the second shoulder forms, indicating weakening bullish momentum.
Description:
- **Monthly Chart**: The pattern spans over a longer time frame, suggesting a significant potential reversal.
- **Good Volumes**: Volume confirms the pattern's validity, ideally showing higher volume at the formation of the head and the breakout.
- **RSI Above 58 and Rising**: RSI being above 58 and rising suggests increasing bullish momentum, supporting the potential reversal indicated by the pattern.
- **Above Key EMA Levels**: Trading above key Exponential Moving Average (EMA) levels further reinforces bullish sentiment.
This combination of factors indicates a potentially strong head and shoulders pattern on the monthly chart of Lal Path Labs, suggesting a reversal from a bullish trend to a bearish one. Traders often look for confirmation through a decisive break below the neckline to validate this pattern. Always consider other technical and fundamental factors before making trading decisions.
Lal Path Labs: Bullish Momentum Signals Potential Upside to 2700Lal Path Labs has exhibited strong bullish signals, with recent support at the 2000 level indicating a potential upward trend. This analysis suggests a bullish stance on Lal Path Labs, with projected targets at 2700 and potentially surpassing the 3000 mark in the coming months. Here's a breakdown of the technical analysis supporting this outlook.
Technical Analysis:
Support at 2000 Level: Lal Path Labs has recently found support at the crucial 2000 level, indicating a strong foundation for a potential bullish rally.
Breakout Above 2500: A breakout above the 2500 mark would signal further bullish momentum, likely propelling the stock towards higher levels.
Positive Momentum: Momentum indicators, such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD), are showing signs of positive momentum, supporting the bullish outlook.
Volume Confirmation: Increasing trading volume accompanying the upward movement reinforces the validity of the bullish trend, suggesting strong investor interest in Lal Path Labs.
Potential Targets:
2700: The immediate target for Lal Path Labs lies at the 2700 level, which presents a plausible upside considering the current bullish momentum.
3000 and Beyond: With sustained bullish sentiment and favorable market conditions, Lal Path Labs could potentially surpass the 3000 mark, offering significant upside potential for investors.
Risk Factors:
Market Volatility: Rapid changes in market sentiment or macroeconomic factors could influence the stock's performance.
Regulatory Risks: Any changes in regulatory frameworks or compliance issues within the healthcare sector could impact Lal Path Labs' operations and stock performance.
Company-specific Factors: Earnings reports, management changes, or unexpected events within Lal Path Labs could affect its stock trajectory.
Conclusion:
Lal Path Labs exhibits promising bullish signals, with recent support at 2000 levels and a potential breakout above 2500 indicating upward momentum. Investors may consider a bullish stance on Lal Path Labs, with targets set at 2700 and potentially beyond 3000 in the coming months. However, it's crucial to remain mindful of potential risks associated with market volatility and company-specific factors. As always, conducting thorough research and practicing prudent risk management are essential when making investment decisions.
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.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
LALPATHLAB - Bullish Swing Reversal with VolumesNSE: LALPATHLAB is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 11% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Weekly Bullish Breakout in LALPATHLABA Weekly Bullish Inverted Head and Shoulder pattern is visible in the charts of NSE:LALPATHLAB
Inverted Head and shoulder pattern is a bullish reversal pattern and it is visible in charts after a meaningful downfall in the $NSE:LALPATHLAB.
The stock has made a life high of Rs. 4245.50 and gave highest daily close of Rs. 4208.60, highest weekly close of Rs. 4117.40 and highest monthly close of Rs. 4051.55
MACD already gave Positive crossover on Daily and Weekly charts
and on the Monthly chart it is on the verge of giving positive breakout. So, expecting the momentum to continue.
The daily and weekly RSI is also in bullish zone.
One can look to create a fresh position in the scrip near Rs. 2500 levels with the stoploss of Rs. 2302.50 on weekly closing basis. The 1st target will be 2632.50, 2nd target will be 2752.85, 3rd target will be 2892.10, 4th target will be 3028.65, fifth target will be 3164.00 and sixth and final target will be 3250.
And finally this study is for educational purpose only.
LALPATH LAB quality gemLALPATH LAB has given breakout from a longterm pricewise and timewise correction
it has clearly break the supply zone in daily tf as well as in weekly tf
one can go long from here
put STOPLOSS BELOW 2300 AREA OR BELOW 20EMA IN DAILY TF OR 200DEMA CLOSING BASIS ONLY
always trade with your own conviction
THIS IS JUST FOR EDUCATION AND LEARNING PURPOSE
hope u guys like the idea
Confluence of support in this medical lab stockDr Lalpathlab has corrected significantly post its all time high of around 4200.
As seen on the chart, the stock is standing on a crucial support trendline and also has recently bounced from its strong demand zone in weekly time frame.
RSI positive divergence can also been seen in the chart.
This stock can touch levels of around 2330, 2600 in medium term.
Kindly trade as per your own analysis since idea is shared only for educational purposes.
#LALPATHLAB... Looking good 29.05.23#LALPATHLAB...
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a good movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
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.