LALPATHLAB
Triple bottom in LALPATHLAB on one hour chartIdentified a triple bottom formation, which is a bullish chart pattern that suggests a potential trend reversal from a downtrend to an uptrend. This formation occurs when the price of an asset creates three distinct lows at or near the same level, indicating that buyers are stepping in to support the stock at that level.
There are two possible outcomes: either the stock will rebound from this support level, leading to a bullish trend reversal, or the stock may break down through this support level, indicating that bears are taking control of the market and leading to a continuation of the downtrend.
LALPATHLAB - ascending triangle-price is at its support levelLALPATHLAB - As per analysis the price is found at its ascending triangle support label the pattern is already broke out with a good volume now it retests the support level
- good long setup for at least 30% return
Plan your trade and enter as per your risk appetite.
I am a stock market learner please comment with your analysis and opinion if any.
Short : Lalpath Lab looking Weak
Good Day
Hello Traders,
Dr LalPath Labs is good candidate for short if it starts trading below 2371 with a minimum traget of 2268 and if further slips then you can
see 2133 - 2050 also coming in the near future.
Trade cautiously with Stop Loss as per your capital and risk appetite.
Time Frame : Daily
Disclaimer : I am not SEBI registered analyst, this is for educational purposes.
Please trade as per your risk and do consult with your financial advisor before taking any
trading decisions..
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LALPATHLAB: Bottomed out with strong PC, preparing for BreakoutPC-A = PC-B = PC-C
All three Parallel Channels (PC) are just Same in width and slope!
#WonderOfPC
Except for a one point that PC-A & PC-B were playing the role of Resistance and bring down it to lower levels of 1800,
while now PC-C is playing the role of Support and forming showing that script LALPATHLAB is bottoming out and being ready for Breakout.
If the overall market holds itself and won't fall further, we have a high chances that LALPATHLAB will give a strong breakout at 2900,
& lead it towards the 3500 levels,
One can add at CMP levels
But if overall market corrects further, be ready script might test lower line of PC-C,
it is a good script to add at every lower levels.
LALPATHLAB -Retest Structure & Morning Star pattern -Swing TradeThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Lal Pathlab Inverted cup and Handle Breakout, Retesting completeDear All,
As an investor you need to know only 2 things :-) Clear entry point and Clear Exit point so that you make maximum profits...
I work on simple principle of high risk is to reward ratios min 1:10... My all analysis are basis the the same principles.
1) Clear Entry Point
2) Clear Exit Point
3) You should know the top
4) High Reward is to Risk Ratio (min 1:10)
______________________
Instrument Name :DR LAL PATHLABS LTD
Formation : Inverted Cup and Handle
Trendline Rejection : Yes
Status : Breakdown Given, Formation Retested
Crucial Entry Point : Anytime now
Target 1 : 1977
Target 2 :1468
I am not sebi registered user, trade as per your judgement and knowledge....
Regards
Gautam Khanna
LALPATHLAB | Good for 20%+NSE:LALPATHLAB
Cmp : 2239.25
Entry : Closing Above 2275
Stop Loss: According to one's Risk Reward ratio
#Study, Learn & Earn.
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Disclaimer: All the information posting on this page are for the educational purpose only, we are not SEBI registered financial advisor. We wont recommend any BUY/SELL of stocks. Contact your financial advisor before taking any action
#LALPATHLAB - Swing Trade#LALPATHLAB
Buy-Above 2200
Sl-2050
T- 2550 2750 2900
Stock has hit daily PRZ at yesterday 2165. Lower wick can be seen, indicating some kind of short covering. Above 2400 the reversal trade will be confirmed. Higher chances to touch 2900 above 2400. If today's low is not breached then we will trail sl after 1-2 day's of up-move.