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LAURUS LABS LTD

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LAURUSLABS trade ideas

Laurus long at 525 1. Market is in what stage - Identified by what kind of highs and lows that are being formed + movement of price w.r.t 21, 50 and 200 EMA Price topped out in June 2021, then distribution till mid Sept, Decline till Nov end and Accumulation from Dec. Currently price crossed over 200 EMA and pulled back till 20 2. Is there any trend reversal in play? 1. Multiple divergence confirmations on MACD , RSI and MFI? Yes 2. At important support or resistance - horizontal - Yes bounce from 464 level 3. At important confluence of EMAs + price + support - Yes - Daily 200 and Weekly 50 3. How are the candlesticks behaving and what is the volume doing Candlesticks - HH,HL plus volume shows buying. Weekly candle also is big green 4. Is there any trend continuation in play? Currently in accumulation.... Good candidate for up trend 5. Is there any pullback or breakout in play with volume confirmation from a strong horizontal level (support or resistance) Yes breakout of 200 EMA at 526 and then pullback to this level.... ideally upward trend should continue 6. Fundamental factors in play 1. Revenue growth - EPS vs PE ratio - last 5 years comparison - EPS rose massively in 2020 and 2021 majorly on the back of increased revenues and improved OPMs, PE is low compared to EPS i.e. at 2017 level 2. Are institutional investors/promotors increasing their stake - Institutional and public have increased massively while domestic has reduced (possible red flag)
NSE:LAURUSLABSLong
by Golden_Ratio_Capital
Trendline Breakout in LAURUSLABSDON'T HAVE TIME TO MANAGE YOUR TRADES? | Trendline Breakout in LAURUSLABS - Take BTST trades at 3:25 pm everyday - Book profits within first 30 minutes of the market opening - Try to exit taking 3-5% profit of each trade - SL can be taken when 5/15 min candle close below 44EMA - SL can also be maintained as 1% or closing below the low of breakout candle Levels mentioned on the chart are calculated using Breakout Indicator Now why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Buy Today, Sell Tomorrow: LAURUSLABS for more than 5%
NSE:LAURUSLABSLong
by Kapil-Mittal
2
Expecting a Bullish Move in LAURUSLABS As per the 2 Hour Chart of LAURUS LABS LIMITED, we have witnessed a Formation of “Bullish Harami”. Therefore, we are expecting to witness a bullish momentum in the stock in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 508.95, 515.90, and 521.50. Whereas, on the other hand, on the downside levels, the stock may face a support at the level of 494.20, on closing basis. Closing Price (as on 18.01.22) : 501.50 Disclaimer: No financial information whatsoever published here, should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for Educational and Information purposes only and under no circumstances should be used for making investment decisions. Viewers must consult their personal financial advisor before making any actual investment decisions, based on information published here. Any Investor or Trader taking decisions based on any information published here, does so entirely at its own risk. Investors and Traders should bear in mind that any investment in Stock Market is subject to unpredictable market-related risks.
NSE:LAURUSLABSLong
by alokdaiya