LALPATHLAB - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 4.2

Here’s a detailed technical analysis of LALPATHLAB (Dr. Lal PathLabs Ltd.)

📊 Trend Overview

Current Trend: Trending upward with consolidation signals

Price is above both 50 DMA (₹3,185) and 200 DMA (₹2,964), confirming a bullish structure.

RSI at 52.8 is neutral-to-bullish, indicating steady momentum.

MACD at 18.4 shows a positive crossover, reinforcing upward bias.

📈 Technical Indicators

Moving Averages

Price (₹3,292) > 50 DMA (₹3,185) > 200 DMA (₹2,964): Golden crossover confirmed

RSI (52.8)

Neutral zone. No overbought signal, but leaning bullish.

MACD (18.4)

Positive crossover. Momentum is building.

Bollinger Bands

Price near middle band, suggesting consolidation with breakout potential.

Volume Trends

Current volume (1.56L) > 1-week average (1.06L): Accumulation phase

Indicates renewed interest and potential for upside.

🔍 Short-Term Momentum Signals

Bullish Bias

MACD and price above key moving averages support continued upside.

RSI suggests room for momentum to build.

DII inflows (+1.83%) add to sentiment despite FII outflows (-2.21%).

📌 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 3,185 50 DMA, short-term base

Support 2 3,050 Previous swing low

Resistance 1 3,400 Minor psychological barrier

Resistance 2 3,520 Recent swing high

Resistance 3 3,654 52-week high

🎯 Entry & Exit Zones

Optimal Entry: ₹3,180–₹3,220 (on dips near support)

Exit Zone: ₹3,520–₹3,654 (partial profit booking)

Aggressive Target: ₹3,750+ if breakout above 52-week high sustains

🧭 Summary

Trend: Bullish with consolidation signals

Momentum: Strengthening, supported by MACD and volume

Outlook: Favorable for swing trades; breakout above ₹3,400 could trigger next rally

Valuation: Premium P/E (53.2) vs industry (41.3), strong ROE/ROCE, low debt, and improving profits support technical strength

Let me know if you’d like a simulated trade setup or visual chart based on this analysis.

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