LAURUSLABS The Channel is being respected here With a steady rise. Low downside potential Taking Good Support for 200 EMA and channel. BONUS... Entire Sector is hitting the uptrend.
LAURUSLABS is making an ascending triangle pattern at 1 hr time frame and this is observed that it has spend time near 370 level which could lead to a bullish run after breakup of resistance.
LaurusLab share price is breaking down as of 2023-07-10 02:20:02 PST. The current value is Rs. 357.57. This could be a sign of further downside in the stock.
The breakdown could be due to negative news about the company, a sell-off in the broader market, or technical factors.
I believe that the stock could continue to decline in the near term.
However, I would recommend doing your own research before making any investment decisions.