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Abhishek_TradersSin
Feb 20, 2021 12:52 AM

LAURUS LAB || CHANNEL STUCK (15Min) || BUY ZONE Long

LAURUS LABS LTDNSE

Description

1. We started with the Daily chart and saw stock to be near the upper resistance levels. Overall trend being positive !
2. We came down to 4H and 1H chart to mark all the important key levels and support zones.
3. We came down to 30Min and 15Min to find the channel pattern.
4. On a 5 min chart the price has already retested it's key support level and is good for a buy trade.
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Hi! One should always trade what they see and not what they feel.
I might be wrong or right but what matters the most is how much you are willing to loose...

Happy investing ! Don't forget to hit like and comment your doubts.
Comments
variousIguana5807
What is the meaning of the above chart, I am unable to understand. Please clarify whether the price of Laurus labs will go upside, if so upto which level
Abhishek_TradersSin
@variousIguana5807, I thought it's self explanatory when I added that upside arrow. Anyway , charts tell us that the price should go up.

Mentioned the same in 4th point. Please read the post atleast🥺
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