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
NSE:LAURUSLABS reversing from support and trendline. RR 3.0 Trade.
Price is near 200 EMA on the weekly timeframe along with the resistance of January 2021. On a daily time frame, it is showing Bullish RSI divergence. CMP - 383.65
Buy in range of 320 to 350 for targets of 380/420/480 + sl 305
BUY - LAURUS LABS LTD CMP - Rs. 330 Target - 1: Rs. 465 Target - 2: Rs. 532 Target - 3: Rs. 657 . . The chart is self-explanatory, the targets have been set according to supply-demand zones and potential break out of the triangle pattern. . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
- Potential selling climax has been reached. - Sellers seem exhausted - Continuous divergence on RSI - Moving averages turning flat - Seems like a good pick from the investment perspective. Very interesting turn of events in Laurus Labs after the poor earnings result. In hindsight, it seems like it was a "buy the news" event. Would be interesting to see how it...
after making top lauruslabs is in parallel channel. now it has broken the support and heading more down. I doubt it may touch the lower edge of the channel
RSI divergence Big time Fibo retracement of 61.8% Volatility is back with a W shape pattern forming right now
No buying selling recommendation . Laurus labs Looking good technically, before investing check fundamental also Here i share only technical analysis
Nifty Pharma Near Make-or-Break Zone 11200/11400 Nifty Pharma on Long Term Charts nearing make or break zone Reversal from here will be good opportunity for long term traders / investors
Trade Wisely. We Can Just Predict. Disclaimer: I am not a SEBI registered advisor , so before entering on my view please ask your SEBI Registered Advisor . Profit is your and loss is your.
Looking at the charts on various time frames - few stocks with Possible upside Harmonic patterns are shared for study purpose: NSE:LAURUSLABS NSE:HINDUNILVR NSE:ASHOKLEY NSE:COLPAL
LAURUSLABS - seems to be coming out of bottom levels and looking at increasing volumes- add to watchlist. Above 485 - we should test 530 - beyond this, we should see 640-650 levels.
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.
Laurus lab In my previous take on the stock when it was trading at 463, a long position in cash market was suggested between 436-463 from a long term perspective and with a warning that below 435 it might fall down to 340-370 odd levels and that one needs to have a plan for the same. Accordingly I had I haven't changed the chart but using the same one...
Initiating a short trade on Laurus labs with very less stop loss. RR is very high in this trade. Shorting at 476 for a target of 386 with 482.65 as SL on closing basis. Disclaimer: I am not SEBI registered, please consult your FA before investing
Although Laurus lab is a falling knife right now and people are struck in this counter but I would like to initiate a long trade around 385/380 with SL below 375. This price zone of 380-385 is support zone of 2020 and I am also counting on RSI which is on oversold level on weekly Time frame. Targets for me on this trade would be 1) 400 2) 422 3) 450 after my...