IPCALAB trade ideas
IPCA LABORATORIES LOOKS GOODBECAUSE OF CURRENT CORONA SITUATION WE CAN SEE GOOD MOVE IN "LABS" AND IN "PHARMA " STOCKS
IPCA LABORATORIES IS ONE OF THEM WHICH HAVE GOOD ROEC%
IT IS LOOKING GOOD IN 15 MINS CHART WITH IS USEFULL FOR INTRADAY TRADER ..
BUT ALSO GOOD FOR INVESTMENT FOR LONG TERM.
YOU CAN SEE GOOD MOVE IN UPCOMING DAYS IN THIS STOCK.
swing trade - pullbackENTRY - green lines
SL - day candle closing below red line
TARGET - 1 the top blue line
2nd trail sl
Ipca labs .... Flying fox ???Explained on charts....
This is just my view..... trade according to your own risk management.
IPCA Labs, 1D TFKeep the stock on watchlist & enter only if it face rejections from highlighted zone.
If it falls further, we can use fibonacci retracement tool to find support at 60% golden ratio.
IPCALAB buy , Low probability tradeI will buy IPCALAB because :
It has been taking support at the trend line .
It us also forming a rectangle pattern
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 1849
Target : 2061/2276/2420
Stop loss : 1722
TGT : 2050 > 2250 , Buy Around 19101 - Aroon Positive
2 - Crossover HULL
3 - First TGT : 2050 , If close above 2050 , Next TGT 2250 ( 30day +)
Bought 100sh @ 1915
IPCALAB | RSI divergence and Trendline breakoutIPCALAB | RSI divergence and Trendline breakout
CMP : 1935
SL : 1800
Target : 2400
1:4 risk reward setup
IPCA at buy levelsFundamentally very strong company. For buying, closing above 2000+ levels DCB needed. Can move to 2500 levels after that quickly.
IPCALABS for Swing and IntradayBuy IPCALABS for going long on Swing and Intraday also. Levels mentioned in the chart. Huge support of RSI Divergence and also consolidation. Buy only above the mentioned levels triggered. Happy trading😊
IPCANote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
IPCALABIPCALAB: Looking Good
Triangle Pattern Breakout 2000
Buy Above 2000 Add Until 1850 Stop-Loss 1800
Target 2150-2300-2450-2600++
Positional Call
supportIPCALAB is trading near to Crucial support with double bottom pattern.
Target 1 1975
Target 2 2035
IPCA labs Stock trading near the 200 MA, Attractive price, Good Q3 result
This seems to be a good recipe for swing trading
Buy CMP or 1830-1840
Target 2400
IPCA may bounce back from support lineIPCA is clearly oversold (RSI < 30 and continuously near lower Bollinger Band) and is near support line. Stock could bounce up in near term.
