LALPATHLAB : A Trendline Breakout

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Dr. LAL PATHLABS showing a trendline breakout on this levels.. Volume Breakout also supporting the same theory.. so one can make the position on this levels.

All data is available in public domain..

CMP : 1775
TG : 2680
SL : Below 21 EMA

Stock's selection based on 5 Point Analysis:
1: Idea : Breakout.
2: Support : Volume, Delivery .
3: Technical : 21/55/200-EMA, Super trend up, RS>0 RSI.
4: Fundamental : PE, PAT, Industry & peer PE and sector performance.
5: Timing : Entry Timing on Daily chart.

Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk.
Please consult your financial adviser before taking any decision.

Disclosure : Holding

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