Breakout with good volume
entered in supper bullish area soon to test higer level of 700 720 750
IPCA Laboratories Ltd Trading technical call for positional CMP: 605, Closing basis SL 591, Targets 620 630 Technicals: * Double top breakout * Support on Resistance line * Swing trading * Breakout Retracement
Technical Play....IPCA Lab breaking long sideway move.
the stock is likely to form bottom at 510-525 levels, results are on 10/02/17.
Target: 530 SL: 440
The chart shows larger degree impulse wave followed by a larger degree 3 wave correction retracinf near to 61.8%. The stock can be accumulted for good gains in coming years...
IPCALABS nearing Primary 4th wave completion. Invest around 450-400 levels.
Wyckoff Principles
