LAURUS LAB By KRS ChartsDate: 21st Aug 2024
Time: 9:32 AM
Why Laurus Lab?
1. Correction Wave was finished with 5th wave low in Mar 2023, after that it gradually moving up and made upside channeling.
2. Currently price is sustaining above 100 EMA and likely to reversed from that too. 🤞
3. why I'm keen to post L Lab is because along with both above points its likely to close and try to be making Morning Star at bottom in 1W TF.
Lauras Lab is at better price at this level with Future Targets of 525 and 605.
SL would be flexible Weekly Closing Below 100EMA
Once Morning Star Closing will confirm at end of this week this trade will Activated 🎇
Lauraslab
Cup & Handle Breakout | ALPA LABS⭕️ Swing Trading opportunity ! Weekly Analysis Alert !!!⭕️
✍️Technical Reasons to trade or Strategy applied :-
✅Chart Pattern Analysis
✅Parallel Channel worked as Support And Tgt
✅Breakout confirmation
✅Rise in Volume
✅Strong Resistance Breakout in Years
✍️BUY @ CMP
🎯TGT- 150
💰ROI- 25%
#ThankU For Checking Out Our IDEA , We Hope U Liked IT 📌
🙏FOLLOW for more !
👍LIKE if useful !
✍️COMMENT Below your view !
Laurus Labs Ready For Go Upside New Study For Paper Trade
Buy Lauruslab Near 355-360
StopLoss :330
Target : 400-450-500-600
Study Logic
👉 Weekly Demand Zone
👉 Monthly Demand Zone
👉50 EMA Support In Monthly TimeFrame
Only For Paper Trade And Education Purpose
Don't Real Trade
I am not sebi Registered Here Post is only for Education purpose i am not responsible for any profit and loss.
Lauras Lab - Short-term BullishLauras Lab - Short-term Bullish
1. It's in a short position and has a good chance to move upwards direction with the small target of 475.
2. If the target of 475 is achieved and opens and closes above that means, then it may have a good recovery rally to 500.
3. Now form a raising wedge pattern after the retracement.
Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...