IPCALAB

• In our previous update in July 2023, we mentioned that stock’s corrective phase could be over, and it is a Value Buy.
  
• Price has now cleared its previous all time high of 1383.
  
• This suggests continuation of long term up-move.
  
• Price is now initially expected to test 2535, with optimistic targets extending to 3700 and 5555.
  
• Bullish outlook remains intact as long as price is above 1350.