LALPATHLAB trade ideas
LALPATHLAB RETESTING SUPPORT LEVELSLapathlabs has recently broken the resistance level around 1850 and moved up beautifully. After a rally of around 150 points, it has come down to the support levels and hovering around the region for past 4 sessions.
If stocks moves on higher side, it has potential to go up to 2500.
Ideal stop loss would be below 1800.
LALPATHLAB HTF Price discovery soon !Broke out of the pennant since mid March , has retested break out area and closed just below resistance of 1652 , next minor resistance is 1688.
Expect this to blast through 1652 and pull back after tagging 1688 to retest 1652.
Swing Target 1771 / 1840 / 2147
Most likely going into price discovery soon as well so good mid term hold.