Thariprasad

LAURUSLAB short term bullish

Long
Thariprasad Updated   
NSE:LAURUSLABS   LAURUS LABS LTD
Laurus lab has fallen much and formed bullish pin bar on weekly chart. It likely to get pullback up to the previous demand zone (430), however it might touch 20 EMA and and halt for few sessions before going up.
Better entry would be@ 315 ~320, and stop loss must be 270 on daily closing basis.

disclaimer: its completely my own analysis and not a call. I am not responsible for you profits and losses
Trade active:
Buyers are fighting hard
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moving positively
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low momentum
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Comment:
20 points away from the target
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close to target..
Trade closed manually:
maintaining trailing SL to protect the profit
Trade closed: target reached

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