UdayMoghe

Buy Analysis : Laurus Lab

Long
NSE:LAURUSLABS   LAURUS LABS LTD
We can see there has been strong consolidation since many days and stock is waiting for a breakout. RSI positive divergence indicating possible further upside but stock must close above 380-385 zone.
Above this, stock should rally for at least 425-430. So far stock is buy on dip mode as long as holding strong support near 330-325.

So hope to see strong upside towards 425-430 in comming days provided stock holds 330-325 on closing basis.
Trade closed: target reached: So far high near 425 :-)
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