lal path breakoutsome positive good news have flown for the counter, technically also there is a breakout, buy 3000 ce with sl at 2900 for targe 3050 3100++
disclaimer: i have 10 lots of 3000 ce avg price 78
LALPATHLABZ2024 trade ideas
Weekly Bullish Breakout in LALPATHLABA Weekly Bullish Inverted Head and Shoulder pattern is visible in the charts of NSE:LALPATHLAB
Inverted Head and shoulder pattern is a bullish reversal pattern and it is visible in charts after a meaningful downfall in the $NSE:LALPATHLAB.
The stock has made a life high of Rs. 4245.50 and gave highest daily close of Rs. 4208.60, highest weekly close of Rs. 4117.40 and highest monthly close of Rs. 4051.55
MACD already gave Positive crossover on Daily and Weekly charts
and on the Monthly chart it is on the verge of giving positive breakout. So, expecting the momentum to continue.
The daily and weekly RSI is also in bullish zone.
One can look to create a fresh position in the scrip near Rs. 2500 levels with the stoploss of Rs. 2302.50 on weekly closing basis. The 1st target will be 2632.50, 2nd target will be 2752.85, 3rd target will be 2892.10, 4th target will be 3028.65, fifth target will be 3164.00 and sixth and final target will be 3250.
And finally this study is for educational purpose only.
lalpath lab WHATS THE MOVE?DONT KNOW HOW TO ASNALYSE THIS ONE.
just will watch and learn.
diagnostic stocks on move.
NOTE: educational purpose only
Ascending triangle pattern in LALPATHLAB.In today's trading session, the Ascending triangle pattern has been created in LALPATHLAB on 1D timeframe and it has given a breakdown to 2055. Its breakdown entry can be taken up to 2040- and short target to 1630.
#LALPATHLAP possible to buy#LALPATHLAP trading 1984 formed bullish pattern,
Today trading our retracement level,
we can buy above 2026 and tgt 2125
SL: LIVE
LALPATHLABWait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
Lalpathi labLalpathi lab
Above 3330
Target 3434,reach that target,
Will meet 3600 levels
Comming days
