Dr Lal Pathlab a recent listing has been a slow mover since its listing in Dec 15. It has given us first breakout in Aug 16.
After breaking stock has nicely corrected till the level of 990.
Currently stock is trading at a sweet spot near 1122.
I have marked possible zones on chart below.
Weekly Chart:
After breaking stock has nicely corrected till the level of 990.
Currently stock is trading at a sweet spot near 1122.
I have marked possible zones on chart below.
Weekly Chart:
Daily chart:
Disclaimer:
The contents produced here are purely for educational purpose. They should not
be construed as buy/sell recommendations. I am not a SEBI registered Analyst or
Investment Advisor. Readers are advised to consult their Investment advisor
before taking any decisions based on above write-up.
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