DR. LAL PATH LABS LTD.
Long

#LALPATH - Inverse Head & Shoulder Breakout

316
The top down approach.

1. Sector: Pharma is getting strong again with multiple names developing the moves. Look at #Thyrocare and #Alembic for example.

2. Book like chart: Picture perfect pattern on the chart is a bit rare to see. However, it doesn't really matter but still, makes it easy to spot from the crowd.

3. Volumes: This is a little area to still observe as we haven't seen the biggest of the bars yet.

4. Fundamentals: Growing sales, profit consistently. I am not an expert in this though.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.