IPCALAB 1 Hour View

📊 1-Hour Timeframe: Support & Resistance Levels

Based on recent intraday data, here are the key support and resistance levels for IPCA Laboratories Ltd. on the 1-hour timeframe:

🔽 Support Levels:

S1: ₹1,324.36

S2: ₹1,323.13

S3: ₹1,322.06

🔼 Resistance Levels:

R1: ₹1,326.66

R2: ₹1,327.73

R3: ₹1,328.96

These levels are derived from standard pivot point calculations and are widely used by traders to identify potential reversal points.

📈 Technical Indicators Overview

RSI (14): 43.40 — indicates a neutral momentum.

MACD: -7.96 — suggests a bearish trend.

ADX: 39.75 — points to a neutral trend strength.

Moving Averages:

5-period EMA: ₹1,325.64 — indicates a buy signal.

50-period EMA: ₹1,352.22 — suggests a sell signal.

200-period EMA: ₹1,351.26 — indicates a sell signal.

Pivot Points:

Pivot: ₹1,325.43

R1: ₹1,326.66

S1: ₹1,324.36

These indicators collectively suggest a cautious outlook for short-term traders, with a prevailing bearish sentiment.