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Published on 18/01/2021 1:02:58 PM | Source: LKP Securities Ltd

LKP Spade, Weekly Pick - Buy Neuland Laboratories Ltd For Target Rs. 1380 - LKP Securities

Posted in Broking Firm Views - Short Term Report| #Pharma Sector #Neuland Laboratories Ltd #LKP Securities Ltd #Trading Report

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* Stock has given multiple breakout on multiple chart, on hourly and daily chart stock moved out of range and on weekly chart stock has given bullish flag breakout.

* Prices are well trading above ichimoku clouds on every time frame which suggest trend is strong.

* Momentum indicator RSI and MACD are ranging in positive territory.

Buy Neuland Laboratories Ltd @ 1290-1295 TGT 1380 SL Below Rs. 1230 CB Duration 1 Week

 

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