NACHATUR

LAURUS LABS ON A BREAKOUT

Long
NACHATUR Updated   
NSE:LAURUSLABS   LAURUS LABS LTD
Laurus Labs has given a breakout from a cup and handle formation which is bullish formation at 378.75 and currently at 392.30. Its 1st target is 443 followed by 527 and 606. Keep a stop loss below 370.

Disclaimer: I am not a SEBI registered analyst. This is not a recommendation to buy or sell. This is for educational purpose only. Please consult your financial advisor before entering into any transaction.
Comment:
It may touch previous high of 417 and then cross the resistance of 443.60. The target will be 525.
Comment:
Keep a stop loss@400

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