Laurus Labs has given a breakout from a cup and handle formation which is bullish formation at 378.75 and currently at 392.30. Its 1st target is 443 followed by 527 and 606. Keep a stop loss below 370.
Disclaimer: I am not a SEBI registered analyst. This is not a recommendation to buy or sell. This is for educational purpose only. Please consult your financial advisor before entering into any transaction.
Note
It may touch previous high of 417 and then cross the resistance of 443.60. The target will be 525.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.