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IPCALABMARKET OUTLOOKSTOCK OUTLOOK

IPCA LAB Outlook for the Week (August 14, 2023 – August 18, 2023)

IPCA LAB closed the previous week on a negative note losing 6.12%.

Technically, IPCA LAB share price will see immediate support at 880.55 and immediate resistance would be seen at 938.30.

If IPCA LAB share price closes below immediate support of 880.55, then sharp breakdown can be seen. IPCA LAB share price will see major support at 854.05 for the week.

On the positive side, immediate resistance will be seen at 938.30. Closing above 938.30, IPCA LAB share price will see a sharp breakout. Major resistance for IPCA LAB share price will be seen at 969.55 for the week.

Trading range for IPCA LAB share price for this week should be between 822.80 on down side and 996.05 on up side.

IPCA LAB Previous Week High: 943.05

IPCA LAB Previous Week Low: 885.3

IPCA LAB Previous Week Range: 57.75 Points

IPCA LAB share price support and resistance for the week (August 14, 2023 – August 18, 2023)

Level Type Value
Resistance 3 996.05
Resistance 2 969.55
Resistance 1 938.30
Support 1 880.55
Support 2 854.05
Support 3 822.80

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