Weekly breakout in LAURUSLABS after 3 years, good upside and a nice 1:1+ Risk reward. Cherry on the cake: FIIs and DIIs increased their share in this stock in the last quarter
RELAXO is ready for up move after breaking 140days consolidation. Also you can see that it formed a descending triangle which will break soon.
After the previous post on Ultratech where the target was hit beautifully, it has given another break after having a TIGHT consolidation during the formation of a triangle after support from the 200 EMA constantly. Very High probability with a possibility of a Golden Cross coming in. Target to Next High Of 7497 Stop loss inside triangle. Keep It Simple
NSE:AUBANK #AUBANK triangle can be seen rejection from support. Happy LEarning !!
Daily time frame Triangle break Out... now time to create more long position...