The outlook is bullish for IPCA Laboratories. The stock has formed a strong base above ₹1,500 over the last couple of months. In addition to this, there is a bullish rounding pattern visible on the daily chart. This indicates that the stock is likely to resume its uptrend and could be gearing-up for a fresh rally. Support is in the ₹1,600-₹1,570 region which can limit the downside if there is a dip. IPCA Laboratories share price can rise to ₹1,750 in the next few weeks. Trades can go long now at ₹1,630. Accumulate on dips at ₹1,605. Keep the stop-loss at ₹1,565. Trail the stop-loss up to ₹1,650 as soon as the stock goes up to ₹1,680. Move the stop-loss further up to ₹1,690 when the share price touches ₹1,710. Exit…
