PATHLABS MAKING CUP AND HANDLEThes stock is showing signs of reversal and is rebounded from a crucial support of 1948 moreover
the stock can rally till 2722 also the volumes are pretty good
LALPATHLAB trade ideas
LALPATH LABS FOR 3075LAL PATHLABS is one of leading stocks of the labs sector, The main operation of Dr Lal PathLabs deals with the performing of diagnosis and testing, including routine tests (including blood tests), specialized tests (e.g., viral and bacterial infection tests) and preventive screenings.
As per latest news Dr Lal PathLabs is working on Newly spread zika virus antiodose,which may lead stock into high again.
We see a breakout on this stock.
CMP : 2900
SL : 2680
Target : 3075
Note : This is not any stock recommendation this is only for educational purpose.
Investment Idea for Long term InvestorTrade idea for Long term Investors
High Reward Trade for High Risk Investors
Success rate 80% - 90%
"Realize Full Potential of a Stock by having Patience"
"Stock Market is more about What can happen rather-than what will Happen"
In Markets there is no 100% Guarantee but one can invest in High Probability Stocks
ALWAYS KEEP IN MIND
Rule 1 : Respect Target & Stop-loss.
Rule 2 : Hold the Trade until the Rule 1 is not met.
Rule 3 : SL on Day Close Basis
Rule 4 : Never do averaging if trade moves against your direction
Dr Lal Pathlabs Ltd| Diagnostics momentum StocksDr Lal Pathlabs Ltd| Diagnostics momentum Stocks
Dr. Lal PathLabs Limited is one of India’s leading consumer healthcare brand in diagnostic services. It has an integrated nationwide network, where patients and healthcare providers are offered a broad range of diagnostic and related healthcare tests and services .
Financial: Strong
Market Cap = 21,675 Cr. ROCE = 18.2 % ROE = 15.0 %
Debt to equity =0.17 Promoter holding = 54.6 % Piotroski score = 6.00
Sales growth 3Years = 14.9 % Profit Var 3Yrs = 1.81 % Return on assets = 10.2 %
Dr lal is now in strong momentum diagnostics stock. you can add in your watchlist and research on it.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
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Thanks and comment freely
LALPATHLABS ROUNDING BOTTOM BREAKOUT AFTR-24 MTHS CONSOLIDATIONDr. Lal Pathlabs Ltd. is an interesting chart to keep on radar
1. Breakout of rounding bottom pattern on weekly chart
2. Breakout of 24 months consolidation between 1770 to 2710 zone
3. RSI on all time frames above 60
4. Narrowing Bollinger Bands on monthly chart price moving on upper Bollinger band on monthly chart
Can be a good Risk reward to buy and buy on dips and dips only near breakout zone as per one's own risk reward
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
Dr.Lal Paths-BullishAll the information given in the chart is for the educational purpose only.
~Do your own research before investing.
~This is not my recommendation.
~My recommendation--LEARN MORE EARN MORE.
Dr Lalpath Labs - Rounding bottom with volumeClear rounding bottom with volumes.
Targets(T1, T2 & T3) mentioned along with expected time frames. Adding stop loss from now on(marked as SL).
Disclaimer: No recommendation
Diagnostic stock reversing now!India's largest diagnostic chain saw institutional interest in April-May and now NSE:LALPATHLAB is ready for a base breakout with inverted H&S on weekly charts.
Head & Shoulder Pattern (Long Term)Price breaked above neckline of the pattern.
idea is to wait for retracement till FVG zone if there is no strong break out above channel.
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.
LALPATHLABBased on price moving and Ema
positions Up move possibility is higher
This is only for educational purposes.
Amazing breakout on Weekly / Daily Timeframe - LALPATHLABCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
PS: No new Nifty500 script can escape from me when making a breakout. :-)
lalpathlab very stron move downsidemy experiecne is it is going to 2580 definely
the pattering it is making at the top clearly sign a weakness
it has retested and it is going to move down next 2 week
Dr Lal path lab waiting for breakoutDr lal path lab seems inverted H&S in monthly concentrate for shorterm
impulse breakout may happen
DR LAL PATHLAB - GOLDEN CROSSOVER FnO PLAYGolden Crossover on daily chart
On weekly chart breaking out of a symmetrical pattern
LALPATHLAB [Head and Shoulders Pattern]A trendline has been drawn showing the expected bullish trend (green solid line), with an alternate path shown (blue dotted line) indicating potential short-term fluctuations before reaching the target.
1)Head and Shoulders Pattern:
Left Shoulder: Formed around June 2022.
Head: Formed around October 2022.
Right Shoulder: Formed around February 2024.
Neckline: The horizontal resistance line around the 2,800 level, which is crucial for confirming the pattern.
The stock has recently broken above the neckline (around 2,800), indicating a potential bullish reversal.
The target price is calculated by measuring the distance from the head to the neckline and projecting it upward from the breakout point.
The approximate target price, considering the height from the head (1,800) to the neckline (2,800), would be 2,800 + 1,000 = 3,800.
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"Disclosure : I am not Sebi-registered ." This channel is for only educational purpose. Any profit/loss, I am not responsible.
Before taking any trade on our charts / calls, please consult your financial advisors. Thanks
the long wait is overDr Lala Path Lab CMP 2798
I had mentioned in my previous post that the fall is done. The breakout is clean. there is no halt till 3240 now.
LalpathLab aiming to go higher?Hi traders, I was looking at Lalpathlab on the weekly charts and found that my set up was indicating that it will attempt to reach 34xx level giving an upside of over 20%. As we are looking at weekly charts, the move could take some weeks.
I notice that there is surge in "up volume" and number of weekly candles closing Green is healthy. Usually when something like this happens, price picks up momentum and could accelerate fast. Let's see how it pans out in the coming weeks.
I am recording this view for my personal reference.
If any of you find it interesting and want to share your views, I am willing to hear.
All the best.
Triangle Breakout With High Volume & Strong Momentum In Sector -Triangle Breakout With High Volume & Strong Momentum In Sector
-rsi showing bullish divergence
-adx and macd indicator also showing strength
-keep on radar it can give decent return in very short time as pharma & healthcare sector is looking very bullish
