IPCA Laboratories

Hi All,

IPCA Labs making higher highs and higher lows. My view is it can be traded above 418.

Let me know your views.

Regards
sujan

 

IPCA now trading at 490. It's rocking.

 

It moves good and in very short period but unless u r not disclosing stop loss it will not be worth for any one.
I am very sorry to say that u r doing the same thing which some Tv analyst are doing for their calls.
Plz don't mind but try to describe the stop loss along with purchase price.

 

I don't mind disclosing stop loss but each trader will have different strategy accordingly there risk levels.

I'm providing the list of stocks with analysis that are potential enough for short term and have it in watchlist.

My view is let people decide stop loss depending on there trading style.

I hold the scripts atleast for a week and not more than that, if it is promising next week again I will take postion. So I keep stop loss by looking at weekly charts.

Similarly some might be trading Intraday, scalping......long term. so I strongly feel it is upto the trader or Investor who has to decide stop loss based on there trading style and risk levels.

 

No matter how u r trading but with out stop loss no one can judge, cause for intraday there should be stop but the smaller one, for positional ( 1 week) there be stop loss, for short term there should be stop loss, for long term (fundamentally) there should be stop but deeper one depending on holding time frame.

About ur view "let people decide stop loss depending on there trading style"
This is simple sentence to protect ur self cause in winning side u can say u r still holding and in loosing side u can say u have exited earlier, Just like so called multibaggers are doing.

 

Im not so called multibagger tips provider to provide tips.....What I,m doing is analysing chart and publishing in forum with technicals so that I can get different views.

This Forum focuses mainly on Do it yourself technical analysis and not on providing the tips, accordingly I'm doing my work.

Im not forcing anyone to enter into trades but can keep in watchlist. However hereafter I will also mention stoploss details according to my risk levels.

 

Hey sujan I am not telling u to provide tips like they do I am just telling u to define stop loss as per buying price so that u can get good veiws about ur observation that stop is risky or good one and people can learn by that way also.
Don't disclose ur target so that it does not look like tip.
Atleast I think this way cause I have learned a lot in the forum.

 

certainly I will mention stop loss details

 

Good to see that.

 

I think IPCA Lab can be entered at CMP of 614 with a SL of 560. Pl. share views

Thanks