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.
Quality
THE NEXT BIG THING!!!!ARMAN FINANCIAL SERVICES, this mighty small cap can be enttered after it succesfully breaks the strong level of 342, it can show limitless growth for years coming. Try to accumulate in every possible dip, always consult your financial advisor before taking any financial decisions.
TRANGLE & ELLIOTE WAAVE IN HDFC LIFEBUY : 682 TO 657
TARGET : 837
Reason For Buying This Script :
In this script has formed Elliot way in monthly time frame & in weekly waiting for triangle pattern breakout.
Once it break the triangle pattern the price will go in upward direction. This is good quality script try to accumulate more. Once it break the 837 and close above 837 level in monthly time frame means and the next target up to 960 .
Note:
Above given levels are based on monthly & weekly time frame . So be patience it will take some days to achieve the target.
ALL THE BEST...
UJJIVAN LONG (STRONG BUYING LEVEL)BUY UJJIVAN 211 SL 202 TARGET 241/ MAXIMUM TGT 273
VERY STRONG BUYING LEVEL
Nestle : Potential Mover(Postional)NESTLEIND is one of the Major MNC's in india, as history has told that MNC's generally Outperform Benchmark indices E.g Honeywell , Jockey , 3MINDIA etc.
Entry : Long Above 11755
Stoploss : 3% Trailing
Basic Target: Open To Sky just Trail properly
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