Lauruslabs has given a good breakout of trendline and horizontal resistance with volume. Stock is looking strong for a reversal and can fly towards ATH if market supports. Keep in watchlist.
Targets, Stoploss and Entry level has been provided. The Stoploss gets activated only after the Entry level is triggered.
NSE: 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...
Will it be able to break out of the channel or still need more strength
Lauruslab breaking long term resistance with good volume and rsi near #target 445 EDUCATIONAL IDEA
NSE:LAURUSLABS cmp 399.85 This setup is developing and appears promising Let's wait for a breakout over 440 before moving on with buy position anticipating a first target range of 550–560, and after some area consolidation, will head in the direction of 700 The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in...
Laurus Labs - Long Buy & Accumulate Zone: ₹ 397-₹ 401 Target 1: ₹ 418.65 Target 2: ₹ 540.8 Target 3: ₹ 480.9 Stoploss: ₹ 378.5 Trade and Invest Wisely with your knowledge! Good Luck! You can also see my other stock analysis and the results in my profile ideas. Please follow me, If you would like to see more ideas on winning stocks. **Disclaimer: I am NOT a...
Weekly breakout in LAURUSLABS after 3 years, good upside and a nice 1:1+ Risk reward. Cherry on the cake: FIIs and DIIs increased their share in this stock in the last quarter
Laurus Labs Ltd | Pharma multibagger momentum stock Founded in 2005, Laurus Labs is a research-driven pharmaceutical and biotechnology company having a global leadership position in select Active Pharmaceutical Ingredients (APIs) Financial: excellent Market Cap = 23,185 Cr. ROCE = 22.2 % ROE = 20.4 % Debt to equity = 0.45 Promoter holding =...
📊 DETAILS Sector: Pharmaceuticals & Drugs Mkt Cap: 21,545 cr Founded in 2005, Laurus Labs is a research-driven pharmaceutical and biotechnology company having a global leadership position in select Active Pharmaceutical Ingredients (APIs) including anti-retroviral, oncology drugs (incl High Potent APIs), Cardiovascular, and Gastro therapeutics. They also...
Lauruslab breaking #resistance trendline with huge volume good rsi trading above all key ema educational idea
NSE:LAURUSLABS formed Hammer on support as well as on 200 ema. Entry : 394 Target : 427.25/411.5 SL : 378.5 RR : 0.85/1.1
got too much overbought in May 2021 and since then it's trying to cool down and consoildate Until parallel channel is not breached. avoid entry consolidation period may continue for next few months
All explanation are given in the chart , always have stop loss
Bought at 305 stop loss 280 taregt 365-380-418-450 Disc : It's not an investment advise to buy or sell
Stock Name - Laurus Labs Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 386 #This is not Buy and Sell recommendation to any one. This is for education...
Swing trading Tip Only for education purpose. Kinldy do your own research before investing in stock market.
daily candle close above 368 makes way open for more upside theory based on trendline + resistance breakout disclaimer - trade @ own risk