Sanghavi-monil

Lauras Labs Reversal Strategy

NSE:LAURUSLABS   LAURUS LABS LTD
Lauras Labs are looking at a possible retracement. Since the post lockdown rally the stock has retraced around 50% both the times. The first bullish wave stood for 21 sessions and the second wave for 25 sessions. For the third wave, 19 sessions rare done. Today it made a Doji Candlestick pattern. Wait for consirmation to check for retracement

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Additionally today the volumes for the doji was high so we see that the selling pressure has come.
PS. I have booked half of my profit
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"Wait for confirmation to check for retracement"- We are waiting for your update.
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