LAURUSLABS
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.
Laurus Lab: Technical Analysis, levels and planning your trade 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 now... You can see how Technical Analysis has helped us identify levels well before hand...
Once 435 was taken out, the stock has taken support exactly at major support level highlighted in November itself.
Technical Analysis is not about being right or wrong (you are bound to be wrong some or the other time)
Rather use Technical Analysis to
- identify your levels beforehand,
- plan your trade,
- understand your risk and
- manage your trade
Trust the analysis helps you plan your trade.
Like and Follow for more trading ideas.
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
can lauruslab turn from support of 385 , palat zone aaya kya?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 target 2 for remaining qty I will bring my SL to cost to avoid any loss in the trade. F&O traders should trail SL tightly since this trade would be against the trend. Lets wait n watch, happy trading
LAURUSLABS, best pharmaceutical stock to buy for long term.Hello traders,
been a long time since I had posted any ideas, was busy.
will be posting few good ideas here for positional/long term.
As we all must know about LAURUSLABS, its a very good fundamental company.
but since around 6-7 months, we haven't seen a good move in this.
as overvalued stocks need to cool down somehow, and rally can't continue further,
somewhere dip has to come.
it has been consolidating around this support for a long time, and its finally at the support zone.
its a good chance to buy this stock and pharmaceutical sector is going pretty good.
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Aniket.
keep learning and keep earning.
Laurus Lab: Important Support and Resistance levelsLaurus Lab
we are looking at weekly chart of Laurus Lab Ltd
the zone of 436-463 has seen buying interest on previous occasions
Target 1 for the current set up comes to around 583-604 zone
Target 2 - 700-720 odd levels
Time frame 2-3 years
A word of caution: Below 435 next important support is around 340-370 zone. So plan your trade accordingly...!!!
This is from Positional point of view for Longer time horizon
Take care & safe trading...!!!
Like and follow for more ideas like these
SWING TRADE - LAURUS LABS LTD NSE:LAURUSLABS
* Laurus labs
Laurus labs have been consolidating on an hourly chart for some time now and it has given a strong breakout of the resistance line with good volume.
now it's facing a horizontal resistance at 335 zone.
It's a good buy at CMP and you can add more qty at 335 if it sustains that zone and closes above it.
its showing multiple confirmations like:
1. double bottom neckline break
2. Volume spike up
3. strong breakout
keep a stop loss of 10-15% for the projected target.
You can trade in intradaday to if it breaks 334.
please like and comment if you like the analysis.
keep learning,
happy trading.
Laurus Labs : Waiting for the next move
Good Day
Hello Traders,
Laurus Labs is showing strength and its forming a triangle with the support from the Trendline from bottom.It had a major support between the range 465-485.
If it comes into that range one can buy and accumulate. Once its start consolidating above 550-560 range it can show an upside.
Disclaimer : I am not SEBI registered analyst, this is for educational purposes.
Please trade as per your risk and do consult with your financial advisor before taking any
trading decisions..
If you really like the analysis , please do comments, LIKE and Follow me.
LAURUSLABSNSE:LAURUSLABS
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
LAURUS LABS medium term investment BuyOn analyzing the weekly chart of LAURUS LABS we noticed that the stock is consistently taking support at the trend line. An individual looking for medium-term to long-term investment can take a position at current levels. The stock is having resistance at a level around 600. Investors time horizon for holding the share should be at least 6 months.
**Ideas are my own** Invest as per your risk taking ability**
Short Market Report 28.04.22CHART green candle in both indices; nifty closing above 200 EMA
OC 17000-17300; 36000-37000
PCR bullish
FII 743
DII 780
FnO Data long build up
RSI 49, 48
ADX 15, 15
Conviction bearish
Bias bullish
Int. Markets green
OUTLOOK usually a gap down opening happens after such moves but int. markets are in green
TRADE NIFTY: long above 17320, short below 17220; BANKNIFTY: long above 36500; short below 36300
LONG COROMANDEL, JK CEMENT, HUL, PERSISTENT
SHORT LALPATH, BALKRISHNA, LAURUS
Inverse Head and Shoulder in LaurusCHART -> LAURUS LABS DAILY SETUP
As seen per the chart, inverse head and shoulder breakout in Laurus. Looks good to test 700 levels again.
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.