1. Laurus Labs insider trade: Disposal of 5,500 equity shares worth Rs 36.13 lacs by employees immediate relative - 02.09.2021. 2. Dont buy this because of insider trading. 3. Laurus lab can go in either direction so wait the line crossed in chart. 4. if upside move then target would hit.
Reason - 44 moving average 2. chart pattern. 3.Magic of insiders.
Note - we should not buy these type of stocks in any terms. because they give big move upside as well as down. no stability. what are your views guys.. #lauruslab #lauruslablong
Laurus is a long term bet. It may come down due to profit booking again fresh buying will start holding it from 493 avg it 522 still holding for long term