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LAURUSLABS

Laurus Labs Limited - Breakout Setup, Move is ON...#LAURUSLABS trading above Resistance of 553 Next Resistance is at 699 Support is at 420 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:LAURUSLABSLong
by MandeepSinghKohli
LAURUS LABS LTD ANALYSISFOR LEARNING PURPOSE LAURUS LABS LTD - The current price of LAURUS LABS LTD is 666.60 rupees I am going to buy this stock because of the reasons as follows- 1. Its coming out from a good consolidation base 2. It broke a strong resistance zone and making 4 year high 3. It is showing better relative strength as it stood strong in volatile times 4. The risk and reward is favourable 5. The stock is famous and it belongs to a sector which is defensive and has not done much in last weeks so I am expecting some move from that. 6. The stock was very strong in 2020-2021 and it needed a good rest which it got in last 4 years 7. The stock has been outperforming major Index as well as Sectoral Index which is a good sign I will buy it with minimum target of 35-40% and then will trail after that. My SL is at 588 rupees I will be managing my risk.
NSE:LAURUSLABSLong
by Its_Bhushan
2
LAURUSLABS | Cup and Handle | Weekly | Breakout ### 📈 **Weekly Chart Overview:** ✅ **Cup and Handle breakout pattern** * **Cup base:** ₹278.85 * **Resistance breakout:** ₹644.85 * **Current price:** ₹676.45 (+5.36% move) * **Measured move target:** ₹1,003.50 (approx. 56–57% projected upside). --- ### 📊 **Key Chart Signals:** * **Cup and Handle formation:** Clear bottom rounding out and handle consolidation breakout above ₹644.85. * **Volume spike** near breakout confirms buying strength. * **RSI:** Just breaking out of a long-term descending trendline, hinting at fresh momentum. --- ### 🔍 **Next Key Levels:** * **Immediate resistance:** ₹700 zone (weekly highs) * **Measured move target:** ₹1,003–1,005 * **Support zone:** ₹644–645 (handle breakout level). --- ### 💡 **Key Takeaway:** The **weekly Cup and Handle breakout** suggests **strong long-term momentum** for Laurus Labs, with a projected target near ₹1,000. It’s important to watch for **confirmation above ₹700**, which would further support the bullish move.
NSE:LAURUSLABSLong
by DailyCharts03
Laurus Labs cmp 636.80 by Weekly Chart viewLaurus Labs cmp 636.80 by Weekly Chart view - Support Zone at 532 to 556 Price Band - Resistance Zone at 616 to 642 Price Band - Falling Resistance Trendline Breakout seems sustained - Rising Support Trendline been traversed by the Stock Price - Volumes seem going well in sync along the average traded quantity - Positive trends seen for the Technical Indicators like EMA, MACD, RSI - Weekly Support at 565 > 500 > 425 with Resistance at 684 > ATH 723.75 - Repeat Bullish Rounding Bottoms with longest been close to 2 1/2 years with Resistance Zone neckline
NSE:LAURUSLABS
by PIYUSHCHAVDA
LAURUSLABS - Cup-and-handle - BO - wklyLAURUSLABS This chart depicts **Laurus Labs Ltd.** and showcases a **cup-and-handle** breakout pattern. ### Observations: 1. **Cup-and-Handle Pattern**: - The stock formed a rounded "cup" with a resistance around ₹516.70. - A brief consolidation (the "handle") followed, leading to a breakout above ₹516.70. 2. **Breakout Confirmation**: - The price closed at ₹567.15 (+10.64%), indicating a strong breakout. - The breakout is supported by high volume, confirming buying interest. 3. **Measured Target**: - The height of the cup (~₹237) added to the breakout point (₹516.70) gives a target of **₹753.00**. - This represents a potential upside of ~46% from the breakout level. 4. **Support Levels**: - The breakout level at ₹516.70 now acts as immediate support. - Stronger support lies near ₹440 (handle base). 5. **Volume Spike**: - Significant volume during the breakout signals strong momentum, increasing the likelihood of the price reaching the target. ### Potential Strategy: - **For Bulls**: - Entry on pullbacks near ₹516.70 or on dips above ₹550. - Target: ₹753.00. - Stop-loss: Below ₹500 (to account for false breakouts).
NSE:LAURUSLABSLong
by DailyCharts03
Uptrend Cont. Forward in Lauruslabs on Weekly TF.NSE:LAURUSLABS is in a beautiful Uptrend lately on a Weekly Timeframe, With Aggressive Delivery based Buying and a Long Buildup in Futures today. 🙋‍♀️🙋‍♂️If you have any questions about this stock, feel free to reach out to me. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT Below your views. Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback. Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:LAURUSLABSLong
by Karanshah137
Laurus Labs and Fine Organic - Reversal Breakout Alert! In the past, the stock found strong support around the 450 level, but when the price dropped below this support zone, it experienced a significant decline. The stock started to move upwards within a parallel channel after finding support around the 290 level. A recent bullish candle allowed the price to break through its trendline resistance with strong volume support. The stock also broke through the upper Bollinger Band and has been able to sustain its position above it. With the price showing strong upward momentum, there is potential for an upward movement from the current level. The stock price reached an all-time high of nearly 7,330 before dropping sharply to around 4,100. After the decline, the price entered a consolidation phase and traded in a Box pattern. A breakout has occurred recently, with the stock surpassing its previous range and trying to maintain its position. The rising volume suggests the possibility of an upward movement from the current level.
NSE:LAURUSLABSLong
by GoodluckCapital
LAURUS LABS - Bullish Momentum with VolumesNSE: LAURUSLABS is closing with a bullish momentum candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 9% to 14% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:LAURUSLABSLong
by BrahmaBull31
1