#Stock : #Dr Lal Pathlabs Ltd #Diwali Pick No 2
#Chart Time Frame: #Daily
#Structure : #Multiple Supports / #Demand Zone / #Uptrend
On #Daily Time Frame the Stock is making a good #Base or taking #Multiple #Supports around 2260 levels which is a demand zones and it will also be a good opportunity to add on every dip up to 2400 for a perspective of a longer time frame investment & Fundamentally Its Non Covid Business is also growing at a very good rate along with a good profit of margin from last many years
So as per the Chart & Fundamentals Stock looks Good for Long Position for Medium to Long Term as per the Levels given below:
CMP - 2624.90 or BoD 2400
Target 1 - 2878
Target 2 - 3275
Target 3 - 3660 + + + +
SL - 2240
Holding Time Frame - Medium to Long Term (#Long Term View is for 5 years which can give a good compounding returns )
All charts & studies posted here are only for EDUCATIONAL PURPOSE
#Chart Time Frame: #Daily
#Structure : #Multiple Supports / #Demand Zone / #Uptrend
On #Daily Time Frame the Stock is making a good #Base or taking #Multiple #Supports around 2260 levels which is a demand zones and it will also be a good opportunity to add on every dip up to 2400 for a perspective of a longer time frame investment & Fundamentally Its Non Covid Business is also growing at a very good rate along with a good profit of margin from last many years
So as per the Chart & Fundamentals Stock looks Good for Long Position for Medium to Long Term as per the Levels given below:
CMP - 2624.90 or BoD 2400
Target 1 - 2878
Target 2 - 3275
Target 3 - 3660 + + + +
SL - 2240
Holding Time Frame - Medium to Long Term (#Long Term View is for 5 years which can give a good compounding returns )
All charts & studies posted here are only for EDUCATIONAL PURPOSE
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.