Detailed View about this Breakout:
No.of Resistance: 8
No.of Support: 9
Consolidation days : 775+ days
I Post educational chart for 3 Swing / Potential Stocks Everyday.
Check Related Ideas section for more Swing Stock analysis.
One of the few stocks which has had USFDA issues but eventually took it into its stride..
They focused more on the domestic market and now have a strong local franchise.
Long above 960 with a stoploss below 930.
The stock could breakout and move vertically.
NSE:IPCALAB , trading close to its 52-week high, ended the last session at INR 935.65, marking a 1.27% uptick . The stock currently sports a P/E ratio of 4.73 and a basic EPS of 19.36 with an average volume of 713.623K.
The closing signal, as indicated by the Parabolic SAR, leans bullish. In light of the positive volume build-up observed over...
IPCALAB :- A breakout of the parallel channel has been found, if the price sustains above the 855.35 level, we may see a movement to the upside
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and...
IPCALCAB | Parallel Channel Breakout | Swing Trade
stock has given a breakout and consolidating. Once it moves upward from consolidation, stock will be on a bull run.
Key Levels:
Support: 890
Resistance: 1130
Write-ups:
A bullish flag breakout is a common chart pattern in technical analysis used by traders and investors to identify potential bullish trends.
1. **Pattern Formation**: A bullish flag is typically formed after a strong upward price movement (flagpole), followed by a consolidation period where the price moves...
Please Refer the Chart of Entry, Target and SL.
Please do follow Position Sizing and Risk Reward Ratio while planning any trades.
Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any action.
TO CONNECT WITH ME CHECK OUT MY BIO.
If you like this Idea, Please do like my ideas...
Swing Trade opportunity in IPCALAB.
Entry - 710
Target - 800
DISCLAIMER: I am not SEBI registered and the ideas posted are only for educational purpose. Always trade with proper STOPLOSS.
Prices have bounced from near the 61.8% FR level (650).
Monthly RSI has also bounced from its Oversold zone.
In the past, major bear phases have formed lows around the 61.8% FR level.
If price is to follow past behavior, the bear phase could be over.
There is a possibility of stock taking quite some time to clear its resistance around 900.
Bullish view...
Watch carefully. EMA cross over in small time frame is done. Bigger time frame is pending.
Same way trendline breakout is not yet done
Go in monthly time frame and check. Good reversal has happened
Enter with good risk appetite now. Safe trade can be initiated after 880
Ipca lab crossing long falling trend line also closed above resistance line on weekly time frame.
Overall pharma sector seems to be on uptrend and IPCA is new candidate.
We can expect 1050 levels and more. Keep SL of 8-10% and add after crossing every resistance levels.
May be soon can expect ATH.
HAPPY INVESTING.
just sharing for knowledge purpose.
IPCALAB has given brekout of the trendline and the weekly closing is very strong. On Daily chart the RSI is overbought. One must look for buy on dips on this particular counter.
