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LAURUS LABS LTD
Long

Bullish engulfing and move up

By Panchalk
Laurus had met with resistance at this zone ( 687-693) - marked, and started moving down and then did a bullish engulfing candlestick pattern ( see black arrow) and started moving up...crossed the resistance zone and is slowly moving up. Laurus Labs has solid fundamentals and has moved big already but has potential for more upside. targets marked
Technical Indicators
Panchalk

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