Laurus Labs- Inverted H&S Pattern Breakout
- Resisted 5 times; breakout with a Green candle
- Target- 663--720
- SL: 558
LAURUSLABS trade ideas
Anchored Vwap Resistance + Flat Base Breakout (Don't Miss)Accumulate for 700-800 levels
SL at 545
Positional as well as Investment Pick. Excellent Company in Terms of Fundamentals
NSE:LAURUSLABS Blasted !!!!!! Further levels marked !!NSE:LAURUSLABS
#NSE:LAURUSLABS shared with levels and blasted, further levels marked for practice.
Happy LEarning.
LAURUS LABS - Important support/resistance levelsKey highlights:
- Marked out a few important horizontal S/R levels in order to give a better idea to the new learners.
- Do not trade in between the levels, always trade level-to-level.
- It is continuously taking resistance from 200MA, indicating a shift in apply to higher levels.
- It may soon breakout above 200MA because the supply is getting absorbed.
- Wait for a pullback towards 550 zone or wait for a breakout of 590.
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
Community Manager (India), TradingView
Laurus Labs Buy FuturesHas been Consolidating since mid Nov and gave a break out of the 550 Levels with volume
Buy Range 480 - 482, SL 477 Target 600
Inverse Head and Shoulder in LaurusCHART -> LAURUS LABS DAILY SETUP
As seen per the chart, inverse head and shoulder breakout in Laurus. Looks good to test 700 levels again.
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
trading idea for Laurus labs for short termLaurus lab looking good for the short term trade.
levels marks.
#POSITIONAL KASH STOCKThe stock LAURUSLABS moving in the ascending channel pattern and if it manages to sustain above the 588 level, this will be the breakout of the channel pattern. On above this 588 level, we can expect a 630 level target.
This is my view and not any recommendation to buy the stock. Please your own study before any trade. I may be wrong at any point of time.
Laurus Lab BullishLaurus Lab seems strong breakout from short covering with Inverted H & S
concentrate if price sustain above 580 in daily
LAURUS LABSNSE:LAURUSLABS is very good fundamental company
in daily time frame it is making inverted head and shoulder pattern.
one can add this stock I their portfolio for swing trade for target of 680
Laurus Labs getting ready for an upmove!With the pharma index trying to give a BO - Laurus Labs is also not testing it's one year old strong support and resistance zone.
Buy above 587.25 level (on closing basis) for positional targets of T1: 625, T2: 640 and T3: 655
Learn & Earn,
Dr. Tanya Kumar
LaurusLabsTechnical analysis based on Trendlines & Price action
Use it just for reference and do your own analysis
T1: 560
T2: 580
580+ if breaks decisively
Daily chart looks interesting thinking of buyLAURASLAB is in weekly demand zone. In the daily timeframe if a marubozu candle is formed today it will set some bullish momentum. If in the coming days it shows some weakness with small red candles then buying around 475-460 with stoploss of 439 for target of 518,544,570 seems good RR trade.
#LaurusLab Break out Trade NSE:LAURUSLABS
Everything mentioned on chart if still have any doubt ask in comment.
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
LaurusLabs set for breakout above 569, formed solid baseLauruslabs formed double bottom pattern and formed solid base. Set to give breakout after long consolidation.
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalLAURUS LABS LTD
Trading in a range from last 3 months.
On daily chart, Inverted Head & Sholders pattern.
Having Resistance at 560 levels
Can be save bet to enter if trendline breaks and above strong resistance levels
Can enter above 560/570 levels
for a target of 590/630/650 with SL of 520/500 on closing basis.
Watch out for breakout in Laurus labsChart pattern and levels mentioned in chart. Follow strict risk management.
