Dr. Lal PathLabs Limited is one of India’s leading consumer healthcare brand in diagnostic services with 70+ yrs of experience in this field.
It has largest diagnostics chain with a PAN India presence and a consistent track record of quality and growth.
A Fundamentally Good Stock available at good price with a Long Term Perspective.
Fundamentals:-
CMP is more than Book Value, Graham Number & Intrinsic Value.
Debt is Less than reserves.
Dividend giving stock.
ROCE & ROE Good.
Promoters holding is Good & No promoters are pledged.
Piotroski Score is 6.
Technical:-
Demand Zones are marked as Green shaded horizontal area.
Resistances are marked as red horizontal lines.
Stoploss is marked as orange horizontal line.
Price is below 200 Weekly EMA (White Line).
Double Bottom is Marked in Pink Circles.
Expected to make Tripple bottom or IHS Recovery pattern.
Price is expected to bounce from Demand Zone.
Buy 1600 - 1165
Stoploss 970
Positional Tgt 2745 (Strong Resistance Zone)
Long Term 3370 - 3740 - 4246
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
It has largest diagnostics chain with a PAN India presence and a consistent track record of quality and growth.
A Fundamentally Good Stock available at good price with a Long Term Perspective.
Fundamentals:-
CMP is more than Book Value, Graham Number & Intrinsic Value.
Debt is Less than reserves.
Dividend giving stock.
ROCE & ROE Good.
Promoters holding is Good & No promoters are pledged.
Piotroski Score is 6.
Technical:-
Demand Zones are marked as Green shaded horizontal area.
Resistances are marked as red horizontal lines.
Stoploss is marked as orange horizontal line.
Price is below 200 Weekly EMA (White Line).
Double Bottom is Marked in Pink Circles.
Expected to make Tripple bottom or IHS Recovery pattern.
Price is expected to bounce from Demand Zone.
Buy 1600 - 1165
Stoploss 970
Positional Tgt 2745 (Strong Resistance Zone)
Long Term 3370 - 3740 - 4246
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.