IPCALAB pullback can provide low risk entryThe stock is in a confirmed uptrend. The breakout on 16th July was on good volumes. Pullback on low volumes provides opportunity for low-risk entry.
IPCALAB trade ideas
IPCA Labs. Looks like a top maybe in placeIPCA posted the highest weekly volume on a down week since 2017. The stock has been trending since 2017 and it has risen 200% approx. The stock price has become extremely volatile and loose, it's a typical sign of topping out. i wouldn't go long on this one
IPCA Laboratories Limited - About to breakout from Pennant !IPCA Laboratories Limited
IPCALAB is trading at the upper Bollinger band, ahead of pennant formation breakout. It is taking a good support from mid-Bollinger Band.
Technical Indicators are BULLISH.
TIME_TREND indicator is BULLISH.
Technically 1660 can consider as an immediate breakout level.
KEEP AN EYES!! #B+
Bullish weekbuy 1582
first target 1630 (maybe achieved in intraday)
if 1630 is crossed then take a long call for 1680.
there is a sideways trend being seen.
IPCA LABS - INVESTMENT IDEAIPCA LABS is on a strong footing and is well placed to capitalize on the growth
opportunities across the domestic and export markets.
It is expected that the stock will see a price target of Rs.1814 in 8 to 10 months time frame on average P/E of 29x and
FY21 (E) earnings of Rs.62.56.
Buy IPCA Lab with a Target of 1800+ in the next few days!Buy IPCA Lab with a target of 1800+ short term. SL 1521
Buy IPCA LAB @1200.Ipca lab has shown a strength in the current and past bear market.
CAGR of 19% in past 10 year makes it a long term bullish stocks.
Target 2400.
Sl daily close below 1040.
IPCA LABORATORIES go LONGI personally feel if IPCA Lab sustains above 1395 - 1400 by Tuesday, 7th April 2020, it has every chance to go above 1600 (the previous red candle
Contra call on PharmaDistribution in clearly visible on chart. Bearish engulfing, long wicks near 1500-1600 zone is telling that supply is clearly there in counter.
Sell IPCA Lab with stop loss of 1400 on daily closing basis for Target 1150-1050-850
IPCA Lab: BullishBullish confirmation done above 1188.50 levels
CMP: 1196.85
Targets: 1253.40 ; 1318+
SL : 1100 close base.
Risk is yours and Reward is too yours
#IPCALABStocks retracing from a key 38.2 fibo value.
HTF in momentum
Detected by QueryBuilder kkonline.org
Cash Market - Short to Med Term - IPCALABStrong Support @ 985 to 1000
Tg Zone: 1180-1200
Tgram at jtradingview
IPCA Labs - Go long- A comparison of its previous movement and predicted movement is provided here-in-below:
- The last trend started from 2nd week of October, 2018 which lasted till March, 2019; in which the stock gave as good as 66% return
- Note that from Oct to Jan, the stock was consolidating between the 50% and 61.8% retracement level.
- The current trend begins from Feb 2019 and likely to end in Feb 2020.
- Drawing an analogy from the previous trend and holding that the stock has consolidated between 50% & 61.8% of the possible target, the target converges with its all time resistance line at Rs - 1230
- The possible return comes to around 66%
Technical Aspect
- RSI is about to enter 65+ levels
- MACD is highly positive
