IPCA LAB ,,,,DOUBLE BOTTOM BREAKOUT ON WEEKLY CHART
IPCA LAB : DATE OF RECO : 24.02.2018 PATTERN : DOUBLE BOTTOM BREAKOUT ON WEEKLY CHART . FUNDAMENTAL ANALYSIS : PAT GROWN @160.7% OVER PREVIOUS 4 QUARETERS. PBT GROWN @ 176.4% OVER PREVIOUS 4 QUARTERS EPS HIGHEST @ 8.37 IN THE LAST 5 QUARTERS . DEBT TO EQUITY RATIO IS LESS THAN 1. FII HOLDINGS INCREASED IN DEC QUARTER BY 0.68% TECHNICAL ANALYSIS : TECHNICALLY STOCK IS TRADING ABOVE ALL IMPORTANT AVERAGES. RSI IS ABOVE 50. MACD IS POSITIVE . RECENTLY GAVE DOUBLE BOTTOM BREAKOUT ON WEEKLY CHART . DISCLAIMER : THIS CHART IS FOR LEARNING PURPOSE ONLY