IPCALAB trade ideas
IPCA for coming days !i would probably like to go long in the counter and still feel that a some sort of strength still left in the script ... keeping in mind that a tough tough resistance at range of 685 - 695 is diificult to break!
sl 637 - 640
tgt 685, 695, 734 +++
ipca long term view V can see trgts of 800 900 in long term view
its made DOUBLE BOTTOM in monthly chart
wit sl 625
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IPCA Labs : An Evergreen Buy for Long Term ... {Very Bullish}Dear All , Everything is mentioned Over the Chart ... Good Luck !!!
Short term Cup & Handlle Pattern.CnH Pattern.
From last 3 days Volume is Keep Increasing.
650 will be slide hurdle to cross
IPCA LAB Channel BreakoutIPCALAB is moving in an up channel for a while, currently on the bottom trendline after a huge leg down. May flag before breaking, on account of Results.
IPCALAB- Double bottomStrong moment show but IPCA Lab very high chances that it will go for new high
IPCALAB: GOOD for HEALTH of PORTFOLIO.IPCALAB: GOOD for HEALTH of PORTFOLIO
Pattern: Harmonic Bearish BUTTERFLY (last Leg inn Progress)
Nearer Parallel Channel Breakout.
Technical Indicators & Oscillators Indicating UP Side.
Go LONG : LTP @ 485 (at 10.36am of 17th Jul 2017)
More accumulation: @ 481.20 - @ 479.50.
TARGET (Intraday / SWING): @ 489, @ 490.80 - @ 492.20 (Hurdle Zone), @ 495.6.
Short term / Positional TARGET plotted in Chart.
SL: @ 473- (By Closing) / TSL: @ 465 -
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Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.
BUY IPCALAB CMP: 503 TGT: 514 SL: 496 (Intraday 5/6/17)Making higher highs and higher lows + MACD crossover impending. Aggressive trade hence keep tight stop loss below previous lower shadow
IPCALAB - Rounding bottom or Cup&Handle ?IPCALAB is nearing the resistance level 640 - 650. If it breaks the resistance with volume, the price may gain another 60 to 80 points in 6 months to one year. In that case this pattern is rounding bottom. If the price retraces and then breaks the resistance, the pattern will be cup and handle. Both cup&handle, rounding bottom are trend continuation patterns. Both the patterns shows the stock is bullish. Keep it in watch list. When the price nears the resistance the movement will be in sideways before it tries to move further.
Uptrend- What do you think GuysIpca Labs- What will happen now.
Will it move up break the trend line, Or this will crack through short term Trend line and Take support at long term one.
Your views are welcome
IPCALAB Bearish Gartley Pattern SetupPreviously on daily chart, it is been observed that the price action is ranging in a uptrending channel. Today, on hourly chart, there is formation of Bearish Gartley pattern has been observed which indicates selling pressure at 630 levels, where Bearish Pin-bar pattern is also observed. There is also a MACD crossover that to be noticed too. The above said factors indicating bearishness in the chart and It shall further move down.
Target 1: 603
Stoploss: 625
IPCA LABS - Short Channel Setup It is been observed that the price action is trending in a channel for a while and now it is currently ranging near the upper trendline of the channel or resistance levels where a pull back to other trendline or support can possibily be seen before a breakout on either side of the channel.
Other Indicators signalling Bearishness:
1. Macd Crossover
2. RSI Divergence
One can take a short positions with good risk reward as mentioned below;
Target: 570
Stoploss: 611
Risk Reward: 1:5
IPCA LAB - Shorting SetupThe price action is been trading in an uptrend channel for while and it is been going up and down within the channel's trendlines. Today's it is been observed that the price action is correcting after touching the high point of trendline resistance, indicating selling pressure. Now it making lower highs indicating prices to go further down. Now, it is correcting and reaching out to previous resistance level at 555 levels. Stoploss at 585
Take trades with care and understanding of risk management,
Good Luck,
Thanks for the support.
Regards
IPCA- Magic of 557- Done & Out
Above 545- touched the evening star head high@557- I love you ipca. Likely we should not cross 557- done for the day.
Shall wait for new clues & new movement- which is downside largely
Regards,
Abhishek H. Singh, CMT
IPCA- Above 545 looking for a small bounce
Longer Term Break of Rising Trendline is required for big downside moves. In current scenario, If prices go above 545 then we could look for a small upside move till 551 -in the top of evening star head.
In coming session if it goes to 550-552 zone & falls below 537- We shall be bearish again till logical target of Rising Trendline as shown in previous update.
IPCALAB- Waiting for trendline to breakLet the trendline be broken- & possibly below 500- it starts showing the pressure.
IPCA(H)- Can We Nail It?- Jackson Hole SummitCloser Look of how this corrective pattern is opening up .. Hourly chart for reference & clear picture to action- likely going below 420-422 -It will confirm that iv? is in place. One can trade if it goes below 500 & breaks the trendline or going below 500 & bouncing back & not taking out the recent swing high shall be the signal for v?-wave in C-Wave.
Regards,
Abhishek H.Singh, CMT
