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