Hi traders, I was looking at Lalpathlab on the weekly charts and found that my set up was indicating that it will attempt to reach 34xx level giving an upside of over 20%. As we are looking at weekly charts, the move could take some weeks.
I notice that there is surge in "up volume" and number of weekly candles closing Green is healthy. Usually when something like this happens, price picks up momentum and could accelerate fast. Let's see how it pans out in the coming weeks.
I am recording this view for my personal reference.
If any of you find it interesting and want to share your views, I am willing to hear.
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