Laurus Labs long position for 35% upside - Laurus Labs Making cup and handle pattern at weekly chart - 35% upside target - buy 450 Disclaimer:- Investments in securities are subject to market risk. Everything I discuss here is for educational purpose. I am sharing my personal view as a trader / investor. Please consult your financial advisor before taking any decision.
Price already broken the trendline and in pull back zone if it take support then we expect a good up move for the long time investing. Also you can see the stock is forming higher high which is good sign for up move. Simple Price action!
Good opportunity in LAURUSLABS. It has broken long pending resistance. Expecting a good move from here. In daily tf, it has done the BO, Good volume buildup and retracement done. I dont recommend others to trade on my analysis. DYOR
1.Moving averages - 21 Ema above 50 -50 Ema above 200 -Gap between Ema seems better 2.uptrend continues observed 3.Refervthe chart for the more analysis
Price took support at previous swing and after multiple shakeouts started going up again RSI also gave a breakout Earnings reaction is over and price broke minor swing Can go long at 443.75 with 414.60 SL and 473.05 Tgt
NSE:LAURUSLABS has retested its Cup & Holder Pattern Breakout Levels, may go up to 460 levels with a support of 420 level. Disc.: Not a reco
Laurus Labs Ltd. is an interesting chart with following 1. Ascending Triangle breakout under formation on weekly chart 2. Narrowing Bollinger Bands on weekly chart with price moving near upper band 3. Minor Resistance near 448-450 zone above which stock can fetch 485-530 zones 4. Major support near 415 - 425 zone 5. Bullish Marubozu candle + bullish...
Laurus labs has been moving in a Parallel Channel from April 23. Having taken multiple supports on the Bottom Trend Line. It has also broken out of the Long Term Trendline on 3 April 24 and now it is making a retest of the trend line. Even though it has not touched the trendline on retest it has a support zone between 423 to 427. If that support holds we can see a...
Lauruslabs has given a good breakout of trendline and horizontal resistance with volume. Stock is looking strong for a reversal and can fly towards ATH if market supports. Keep in watchlist.
Lauras Labs did an angular trendline breakout with good volume. the stock is in momentum in weekly tf. next targets can be 530 and 609 for long term. this is not any advice or recommendation. kindly do your own study before taking any trades
Stock is Ready for Great Upside strong cahrt pattern in lauruslab
LAURUSLABS – CMP 400.90 | Date 15Mar Stock is near a support level, expecting an uptrend if it sustains above 420. Targets are 460 and 490. This is my view only and do your own analysis
On the verge of Breakout, stock was in consolidation
NSE:LAURUSLABS had fallen down much in the past. A few weeks back it had engulfed the Down-trend Line, which is a signal for an Up-Trend to start. A curious U-shaped recovery can be observed in this chart. Overall we have a Trap Zone and the price is consolidating over it, hence my expectation is it should Go Up. A Long Term Target of 449.05 is quite possible....
ready to break parallel zone with high volume rsi also about give breakout shows strength volume and adx rising shows strength in stock keep in radar it can give decent return
Laurus Labs: 440 SL: 360 (WCB) Targets: 540 / 605 / 655 / 700 Buy Once we get weekly closing above 451
Laurus Labs has given a breakout from a cup and handle formation which is bullish formation at 378.75 and currently at 392.30. Its 1st target is 443 followed by 527 and 606. Keep a stop loss below 370. Disclaimer: I am not a SEBI registered analyst. This is not a recommendation to buy or sell. This is for educational purpose only. Please consult your financial...
NSE: LAURUSLABS is closing with a bullish momentum candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 9% to 14% gain on...