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Unite Technologies Financial

13th Feb · SEBI-Registered Analyst

Technical Analysis IPCA Laboratories Limited

The stock

IPCALAB
is in a sideways to corrective phase. After hitting a peak near ₹1750 in early 2025 it has been making lower highs which suggests that selling pressure is present at higher levels. It is currently bouncing within a broad range. It hasn't yet established a clear higher high pattern to signal a fresh bull run. There is a strong hurdle around ₹1550 – ₹1600. The stock recently faced rejection here seen in the late 2025/early 2026 spikes. The all-time high zone near ₹1750 remains the ultimate target for long-term bulls. The ₹1380 – ₹1400 zone is acting as a temporary floor. If it breaks below this the next major support sits near ₹1250 – ₹1300. The stock has been trapped in a box between ₹1300 and ₹1600 for several months. This is known as a consolidation phase where big players accumulate or distribute shares. Buyers Wait for the price to stabilize around ₹1380-₹1400.

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