DR. LAL PATH LABS LTD.

Dr. LalPath Labs: Diagnostics at a Critical Crossroad

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Technical Analysis (Weekly Chart):

Support Level: The stock has established a median support level around ₹3000.

Resistance Levels: Immediate resistance observed at ₹3,200 with Major Resistance located at ₹3,550, 3850 and 4245, all of which might act as a significant barrier in the near term.

Keep in mind:
  • Nifty remains in a correction phase. A deeper market correction could drag the stock price down, even if its current technicals suggest upward potential.

Disclaimer:
This analysis is intended for educational purposes and is not a recommendation to buy. It is important to learn how to recognize and understand patterns in stock movements.

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