Laurus Lab uptrend intact#LaurusLabs poised for further upmove. Positional view.
- BO done above 700 level.
- Slight RSI divergence, may slow down the progress till it is sorted.
- May be a entry opportunity for target 810.
- Stop loss may be at 635.
*Only for educational purposes, not a recommendation.
LAURUSLABS
#FORTIS CMP236 #Target254 #PMModi #ModiSpeech #Pharma #CNXPharmaDaily Chart
#FORTIS
NSE: FORTIS
Short Term Quick Profit
CMP 236
Target : 254
SL : 226
Timeframe < 30 Days
Can hold for longer time
ITS A BULL MARKET RALLY. Bullish on whole INDIA!
Corrections and then higher highs again.
Factors:
Inverted Head & Shoulder Pattern Forming
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
Next MULTIBAGGERLAURUS LAB.......
This script is on the verge of a big BREAKOUT.
This itself shows sign of NO LOOK BACK
Continuously Outperforming MIDCAP INDEX
17 Days of falling candles completely Engulfed by '2 Days Bullish Green Candle"
This happened when Broader market showing sluggishness
Hold for 1 year,It can give u 3X ROI
LAURASLABSNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
Laurus Labs Looks Good for SwingLaurus Labs was at a Down Movement from Past some many days and this moment had stoped with a Bullish Engulfing Candle which Engulfed past two Days.
Next days was seen positive with gap up opening and also as usual a Retracment were we all can enter
@CMP in tomorrow's Trading session
Our Targets will be All time Highs and it's Breakout that is 695+
SL will be closing below 640.
(This Research is Clearly for Educational purposes and we are not responsible for any loss or Profit Please do your own research too before investing/Trading)
Happy Investing..!! 😄
NSE:LAURUSLABS
LAURUSLABS: A Bearish trend "
TECHNICAL ANALYSIS OF NSE:LAURUSLABS
The LAST CLOSE PRICE of NSE: LAURUSLABS is 649. The PARABOLIC SAR is showing the SELL SIGNAL with TREND as DOWN TREND . The FIBONACCI LEVELS analysis shows that the CLOSEST FIBONACCI LEVELS is 0.382 at the FIBONACCI STOCK PRICE LEVEL of 649. From here, the Key Support and Resistance levels are SUPPORT 1 at 250.07, SUPPORT 2 at 697.8 with RESISTANCE 1 and RESISTANCE 2 at 637.7 and 623.6 respectively. The Key 50% FIBONACCI LEVEL stands at 637.47 which is the crucial Fibonacci Level determining whether the scrip will maintain the trend or not.
The STOC RSI has the values K and D as 0 and 1.42 respectively. At this level it the status is OVER SOLD. When we look at the Moving Averages, MACD is the crucial indicator to look into. With MACD VALUE at 14.55 and 91.05 at 22.56 along with HISTOGRAM showing values of -8.06, the STATUS is clearly DOWNWARDS.
The best indicator to determine the Trend Reversal is FISHER TRANSFORM and currently the values of FISHER and TRIGGER stand at -1.8 and -1.39 with UPTREND as DOWNTREND. A very important factor while making the investment is to see if there has been already too much of Buying or Selling, and that are we entering too late into the transaction or not. Thus, with WILLIAM's R% value at -0.9293 the STATUS is OVER SOLD.
No one wants to buy costly things, and thus always look for the bargain or appropriate price levels to buy things. Same applies to Stocks, however the only exception would be some Hot Stocks that one wants to have any price. Looking at this perspective, the P/E RATIO of the stock stands at 35.5 which signifies its Price Level to be TOO EXPENSIVE.
>>> RECOMMENDATION is : SELL ."
Disclaimer:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
Target 1 (44%) achieved in Laurus Labs. Target 2 is ON...This is follow-up on Laurus Labs. Can check link to related ideas.
Target 1 achieved. More than 44%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
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.
Target 2 (57%) achieved in Laurus Labs. Target 3 is ON...This is follow-up on Laurus Labs. Can check link to related ideas.
Target 2 achieved. More than 57%. Target 3 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
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.
Laurus Labs: good chance for entryLaurus Labs:
Case for if going downward: If it holds current level of 599 it good entry for 1st part. next part entry at 572, s1 551, s2 529, SL 500
Case for if going upward: If it holds current level of 599 it good entry for 1st part. next part entry at 640, trailing SL 600.