IPCA Laboratories | Breakout or Fakeout? 📉 Trading within a contracting pattern and has moved above the earlier supply around 1515. ⚠️ Volumes remain muted around the breakout area, making it crucial for the stock to hold above this zone to avoid a fakeout scenario. 🎯 A sustained move can open the path towards the 1600 resistance, and a clean break above it would increase the chances of revisiting previous highs. #IPCALabs #StockSetup #TechnicalAnalysis #ContractingPattern #BreakoutWatch #IndianMarkets #SwingTrading