Market Trading Guide: IHCL, IPCA Labs and this smallcap counter are stock recommendations for Wednesday – Stock Ideas

Stop Loss: Rs 1,500-1,480

Since June this year, this stock has shown a very good upward move, rising from below the 1000 level to the current price of 1550+. In the short term, three technical targets of 1560, 1610, and 1675 can be achieved.

Volume needs to pick up going forward. The RSI has not yet entered the super bullish zone. Other indicators are currently neutral. Support now stands in the zone of 1500-1480.

(Priyanka Limaye, CA, CMT)

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)