IPCA LABS

٢٥ مايو ٢٠٢٣

Hello & Welcome to this analysis

The outlook has been down from quarterly, monthly, weekly & daily chart study.

Its been in a 2 years downtrend, now near a support but yet to give any reversal confirmation. If this level of 700 fails to hold the next major support comes in at 600.

Overall its a wait and watch stock even from a bounce back point of view

٧ يونيو ٢٠٢٣

ملاحظة

the recovery once it started sustaining above 710 has been v good so far, if it sustains above 780 then it could continue an up move till 850

١ أغسطس ٢٠٢٣

ملاحظة

IPCA at 900, one can now keep a trail at 870 or 835 as per risk management for further upside