Laurus Labs good above Rs 500 !!The stock corrected 40% from top and good opportunity for long trade.
Entry, Stop Loss and Target marked in charts.
Thanks
Trade ideas
Laurus Labs: Is it making a comeback...Simple price analysis of Laurus Labs.
Laurus Labs, currently has found a support at around 450 and has made reversal.
Critical thing to note would be when Laurus Labs crosses the 200 day EMA, at around 529. Need to check other supporting parameters to see if the turnaround is in the corner.
The RSI has reversed from 40 and is currently at 46. Positive trigger would be if it breaches 60 and moves up towards 70
Observe the volume bars. Dried up volume would set the stage for revival. Should wait and watch.
In the long term I am bullish, though I have exited the stock at 600. Will enter if technical parameters are favourable.
Laurus Lab - Short term swingShort term swing. buy it and hold it. its on the edge of a good breakout.
Laurus labsFundamentally strong stock
Buying region is 380 to 400 levels . Huge demand zone and also a bat pattern
Stock has corrected 50% to its monthly swing
Possible trend reversal NSE:LAURUSLABS
Lauras Labs good risk reward from herecapex added, fii stakes increasing, promoter is same, sales increase yoy, capex will yield more sales soon, now at good support , rsi trendline .if it bounce from here do add for good upmove
Sell below 450 SL 465 TGT 433 and 420Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Over Selling can trigger a Dead Cat BounceStock is weak and oversold,
Dead Cat Bounce Expected in the Oversold Territory.
Further decline can drag it to levels of 420-380-350
Disclaimer: No Trade Advise, only for Education purpose only.
Sell below 458 SL 473 TGT 446 and 430Suggestions are based on my analysis only. Please do your analysis before taking any trade.
lauruslab 16%on day chart...long trend line used as multiple support and resistance..cmp near about long trend line and horizontal support..chance to move up...levels mentioned onn chart.
note-only for educational purpose.
Bullish Hammer Pattern!!Lauras labs formed Bullish Hammer Pattern in both weekly and daily time frame. It has corrected for long time. Now we can expect a trend reversal (bullish). Long term investors can start accumulating.
Sell below 485 SL 500 471 and 460Suggestions are based on my analysis only. Please do your analysis before taking any trade.
LAURUS Bullish Divergence on Dailyit has formed Bullish divergence on daily chart, let's wait for trend reversal on smaller timeframe, then we can enter in it.
Buy at 509 SL 496 T1 524 T2 535Suggestions are based on my analysis only. Please do your analysis before taking any trade.
lauru lab find buying levlesLaurus labs do not scare if u r long term invested in this stock find buying opportunities for long term buying levels mark in green zone.. it took support near 261.8 fib levels.
All about Laurus LabsIf tomorrow the results comes good it will surely get a boost , take entry when it breaks the rectangles lower side whether for short term or for long , short term target will be the upper side according to my predictions.
LaurusLab at Good buying zonetaking support at 200 EMA,
RSI over sold. good buying opportunity. earning release soon
target 1 660
target 2 720
Lauruslabs 470uptrend is only above 581.
below it it shall test 470 on wcb. below that strong support is at 390.
LAURUS broke down H&S on Daily chartit broken down H&S pattern, it can fall upto 450 levels followed by 380 levels if correctio continuous. it may give pull back upto 590 levels.
Fibonacci level breakout Laurus Labs has retested the demand zone at 590 level and now is on a uptrend. It has now breached 617 level which was a Fibonacci resistance level. It closed at 619.2 at end of day with a green candle, hence indicating a buy for short term with a target at 639 and if breached can reach 671.
Laurus Labs | longLaurus presenting good opportunity for long term entry again
1st buy lvl : 500
2nd buy lvl 480
SL 450 daily closing
Laurus Labs | longPortfolio stock
As per charts below targets for short term, personally i see a target in excess of 3000 in few years.
T1 830
T2 977
SL 560 daily closing
