Dr 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 %
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...
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...
Lal 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...
Lalpath 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...
NSE: 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...
A 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....
➡️The last time scrip tested it's base and gave a #trendline #breakout, it gave a 489% upmove
➡️Similar setup build-up may give a multibagger upmove of 489% to10828
➡️SIP advised
P.s.- Sorry, have not been active here at all
Entry : 2543.65
Stop loss : 2157.25
Target: 3307 ( 30% Target)
Not a SEBI registered, do your own analysis before taking trade , it's for educational purposes only
LALPATH 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...
Dr 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...
Earnings Deacceleration in recent quarter
Massive competition from likes of Healthians etc
Bounce back from the lows and now forming a high base
May test lows again if the market even shows a hint of weakness
#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
