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Laurus Labs Ltd.

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LAURUSLABS trade ideas

LAURUS THE NEXT DIVIS ?DISCLOSURE This is only for educational purpose This is not a recommendation I am not SEBI registered Do not TRADE/INVEST basis what I publish here I am not responsible for your loss or gain It is prudent to assume that I have ulterior motives in publishing this Idea I and my clients might or might not have a position, I and my clients might or might not have a opposite position VIEW :- SHOULD RISE TO THE TOP OF THE CHANNEL - KEEP AN EYE
NSE:LAURUSLABSLong
by UnknownUnicorn18432447
Laurus Labs - A momentum StockAfter a good uptrend, the stock has seen a price correction or one should say weak hand removal. This becomes a good accumulation zone for the sharks. The stock has been taking support at same level which shows that there is strong buying at that level. The stock has been outperforming the sectoral as well as benchmark index. A gap up today confirms that the momentum is still ON. But watch out for the current level at which the stock is trading, It has spent a lot of time at this level which becomes a good supply zone. Also, see the 1H chart the current point is acting as a resistance. It is also at a crucial fib level. A decent closing above this point on H time frame will take the stock again to 720 levels. And now that you are on 1H chart, notice the volumes with increase in price. I am sure you will also analyse this stock and make a entry acc to your setup. Do comment any contrary view or anything else you would want to know further:) Happy Trading!
NSE:LAURUSLABSLong
by Ankit_Oberoi
12
LAURUS LAB LONGonly for educational purpose.. 1. Laurus Labs insider trade: Disposal of 5,500 equity shares worth Rs 36.13 lacs by employees immediate relative - 02.09.2021. 2. Dont buy this because of insider trading. 3. Laurus lab can go in either direction so wait the line crossed in chart. 4. if upside move then target would hit. Reason - 44 moving average 2. chart pattern. 3.Magic of insiders. Note - we should not buy these type of stocks in any terms. because they give big move upside as well as down. no stability. what are your views guys.. #lauruslab #lauruslablong
NSE:LAURUSLABS
by Vijaypalrana
2