LAURUSLABS trade ideas
chart says...target by step chart says...target by step
targt 404
tartet 456
target 502
stoploss 356
LAURUSLABS, 1D formed hammer on 200 emaNSE:LAURUSLABS formed Hammer on support as well as on 200 ema.
Entry : 394
Target : 427.25/411.5
SL : 378.5
RR : 0.85/1.1
LAURUS LABSDisclaimer: Iam not sebi registered, trade at your own risk take your financial advisor for buy sell recommendation, this is ony for educational purpose.
Laurus Labs - Long term Holding - Targets, Support & Resistance Laurus Labs - Long term Holding - Targets, Support & Resistance Levels
📈 Exciting Bullish Pattern Alert! 🐂📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Descending Triangle
📌 Symbol/Asset: LAURUSLABS
🔍 Description: Stock has made one base and forming descending triangle pattern. It will give good move below breakdown of base and above breakout of resistance.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
LAURUSLABSgot too much overbought in May 2021 and since then it's trying to cool down and consoildate
Until parallel channel is not breached. avoid entry
consolidation period may continue for next few months
Took support from the same levelAbove 398 looks good. Closing above the level is important.
Safe buying above 408
Maintain Proper SL as per risk management.
Tight ConsolidationLAURUS LAB is in tight consolidation after the 30SMA breakout. Q2 earning & FII & DII holding results are important as in Q1 FF increased stake at .10% and DII decreased by .26%.
laurus lab giving breakoutlaurus labs can be bought at CMP with a SL of 285
TARGETS-
T1-441
T2-602
T3-680+++
Thank you
#LAURUS Pharma GEM # Laurus getting ready for long bull run shortterm it will test 440 as long as it holds 410
Laurus LabLaurus Lab
Keep an eye
Long if sustains above 412
SL 399
Target 436/455
417 WHICH is recent high may also be important
a good longprice has given movement but still scope is there according to pattern
will have sl to cost now so will not make any loss
lets hope for exit at target
Small Flag & PollClosing above 418 can give upside marked target.
Lower trendline may act as support and same will be SL.
BoughtBought at 305 stop loss 280 taregt 365-380-418-450
Disc : It's not an investment advise to buy or sell
Looks good for short term, Go Longthis is my view based on previous movement and price action, do your own analysis before investment.
* Only for Investment Purpose.
LAURUSLABSLAURUSLABS
Buy above 401
SL below 379
Targets: 413/424/434/449/468/524/599/654/718 ++
Bullish Pennant BO looks great for short term targets.
Rounded bottom pattern looking good for longterm investment.
++For educational purpose only++
Double Bottom pattern breakout in LAURUSLABSLAURUS LABS
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of Double Bottom Pattern.
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 410+.
✅Can Go Long in this stock by placing a stop loss below 390-.
Laurus Labs - A hard stopOne of the most discussed stocks on social media...
Some love it..others hate it..but noone ignores it..
Its a franchise in transition..so will have its ups and downs..
Its building towards something big but in between there can be hiccups..
The co didn't have the best result but to everyones surprise the stock went up...
Why? Noone knows..
But if you got it..or hold it..take it as a chance to get a good exit...keep a hard stoploss below 375 and don't fight the market.. (200EMA)
Let the 200EMA be your buy and sell indicator for this stock..
Crosses below = Sell
Crosses above = Buy.
At max you'll loose your brokerage a couple times.. (worth the price to not get trapped nor miss out)
$NSE:LAURUSLABS Will Break Resistance ?Dear Followers,
I hope this message finds you well. I wanted to provide you with an update on the stock NSE:LAURUSLABS in and discuss the current resistance levels that we've been monitoring.
After a thorough analysis of the stock's performance and market trends, I wanted to highlight the following key points:
Stock Performance: The stock has exhibited consistent growth over the past 3 Months, with a 23% increase in its value. This is a positive sign that indicates strong investor confidence and potential for further gains.
Resistance Levels: Our technical analysis reveals that the stock is currently approaching a key resistance level at 415-430. This level has historically acted as a barrier to upward movement, as investors have shown a tendency to take profits or hesitate to buy at this point.
Market Sentiment: It's important to consider the current market sentiment. Despite the stock's strong performance, there might be some caution among investors due to Profit booking at this level.
Short-Term Outlook: While the stock has the potential to breach the resistance level and continue its upward trajectory, it's also prudent to be prepared for potential short-term fluctuations as the market digests recent gains.
Stock: NSE:LAURUSLABS ______________
Holding Time Frame: 90-120 Days
Entry Point: above 430
Stop Loss Point : 400
Target Point: 480,520,550
Based on this analysis, I recommend that we closely monitor the stock's movement around the resistance level. Should the stock successfully break through this level and sustain its upward momentum, it could signal a strong buying opportunity. On the other hand, if we observe a significant pullback or consolidation around the resistance, it might be a chance to reassess our strategy.
As always, I am here to provide you with any additional insights or answer any questions you may have. Your financial goals and risk tolerance are of utmost importance, and I am dedicated to helping you make informed investment decisions.
Please feel free to reach out at your convenience, and we can discuss how to proceed based on the stock's evolving performance.
Best regards,
Ajay Metha
