📊 LALPATHLAB – Technical View

🔹 Long-Term Trend (Since Sep 2025)
The stock has been in a clear downtrend with consistent lower highs and lower lows. Price followed a downward trendline, indicating continuous selling pressure.

👉 View: Distribution at higher levels followed by a sustained decline.

🔹 Falling Channel (Controlled Downtrend)
Price moved within a structured falling channel:
• Upper band acting as resistance
• Lower band providing support

Repeated rejections near resistance confirm selling on every rise.

👉 View: Controlled and systematic selling, not panic.

🔹 Consolidation + Reversal Pattern (Jan–May 2026)
From mid-Jan to early May, stock moved sideways.
During this phase:
• Inverted Head & Shoulders pattern formed
• Neckline near 1490–1500 zone
• Breakout supported by strong price momentum

👉 View: Early signs of trend shift from consolidation to upward move.

🔹 Key Technical Triggers
✔ Breakout above falling channel
✔ Breakout above 1495 resistance
✔ Support from VWAP & moving averages
✔ Strong bullish candle indicating buying interest

🔹 What to Watch Now
• Above 1500–1520 → Strength may continue towards 1600–1700
• Below breakout zone → Risk of false breakout

🔹 Overall View
The stock is showing a transition from weakness to strength, with improving price structure after a long consolidation phase.

⚠️ Disclaimer
For educational purposes only. Not a buy/sell recommendation. Please consult your financial advisor before investing.

Manjushree Sharma
SEBI Registered Research Analyst (INH000019497)
📞 7000627998
📧 sharma.manjushri@gmail.com