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Lauruslabsanalysis

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
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: Is it making a comeback...Simple price analysis of Laurus Labs. Laurus Labs, currently has found a support at around 450 and has made reversal. Critical thing to note would be when Laurus Labs crosses the 200 day EMA, at around 529. Need to check other supporting parameters to see if the turnaround is in the corner. The RSI has reversed from 40 and is currently at 46. Positive trigger would be if it breaches 60 and moves up towards 70 Observe the volume bars. Dried up volume would set the stage for revival. Should wait and watch. In the long term I am bullish, though I have exited the stock at 600. Will enter if technical parameters are favourable.
NSE:LAURUSLABSLong
by TheUnlearningOne
4