IPCALAB - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 4.0

Here’s a complete technical breakdown of IPCA Laboratories Ltd (IPCALAB) — strong bullish traits are visible, but signs of cooling near resistance levels warrant tactical positioning.

📊 Trend Structure & Moving Averages

Current Price ₹1,488 is above both 50-DMA (₹1,432) and 200-DMA (₹1,420) → confirms bullish bias with trend strength.

Price has recovered ~27% from its low ₹1,168, but remains ~15% below the high ₹1,758.

52w Index: 54.3% suggests moderate long-term recovery path.

🧭 Trend Status: Trending upward, with minor pullback potential after resistance testing.

📈 Momentum Indicators

RSI (58.6): In bullish zone, close to overbought threshold → momentum still strong but approaching overheated.

MACD (25.6): Positive crossover, maintaining bullish divergence → signal line remains elevated.

Volume (99K) vs 1W Avg (5.3L) → considerably lower, showing weakening momentum confirmation.

📉 Momentum Verdict: Bullish bias present, but low volume reduces breakout reliability — slight divergence risk.

📉 Bollinger Bands Insight

Price likely approaching the upper Bollinger Band → indicates potential resistance and overextension.

No squeeze pattern → suggests ongoing directional movement without imminent volatility shock.

🧱 Support & Resistance Zones

Type Price Range (₹) Notes

Support 1,440–1,455 Near 50-DMA; acts as bounce platform

Resistance 1,505–1,525 Recent ceiling zone; may test again

Breakout Above ₹1,530 Would suggest fresh uptrend toward ₹1,600

🎯 Trade Strategy

Entry Zone: ₹1,460–₹1,475 (pullback entry near support and DMA cluster)

Exit Zone: ₹1,505–₹1,525 (first resistance pocket)

Stop Loss: ₹1,435 (below 50-DMA and base support)

📌 Conclusion

IPCALAB shows short-term bullish continuation, backed by MACD and RSI strength, though the volume drop adds caution.

Traders may consider entry on dips, while watching for resistance rejection near ₹1,525.

A strong push above ₹1,530 with renewed volume would unlock higher zones in trend extension.

Want to analyze IPCALAB’s setup next to other pharma majors like Divi’s, Torrent, or Dr. Reddy’s? I can lay out a chart battle to identify sector momentum champions 🧪📊

Edit in a page