LAURUSLABS trade ideas
REGISTANCE BRAKE OUT WITH HEAD AND SHOULDER PATTERNATLEAST TENTH TIME HIT THE BOX ZONE..NOW SEEM TO BROKE THE ZONE..WITH HEAD AND SHOULDER FORMATION ..GOOD FOR SWING AND INTRA BUY AB 345...
BREAKOUT CONFIRMED ON DAILY CHARTS!!!A clearly visible inverse head and shoulder pattern breakout on daily charts confirmed by the last candle showing the follow up buying in the stock. Stock is expected to be in the bullish trends till the targets of 440, keep a stop-loss of 339 on closing basis.
LAURUSLAB Inverted H & S Pattern Breakout*Continuation Inverted H & S Pattern Breakout in Lauruslab in Daily time frame.
LAURUS LAB ANALYSIS 21.12.2020BUY 345
TARGET 439
REASON FOR BUYING THIS STOCK IS AFTER SIDE THE WAY NOW IT HAS BREAKED THE RESISTANCE LINE IN . AND CLOSED ABOVE THE RESISTANCE LINE IT SHOW POSITIVE TREND. NOW WE CAN GO FOR BUY.
BUT IT HAS TO RETEST THE UPTO 333 TO 335 . IF PRICE NOT COME DOWN MEANS YOU CAN START BUY.
NOTE:
ABOVE THIS LEVEL ARE BASED ON WEEKKLY TIME FRAME . IT TAKES SOME DAYS TO ACHIVE THE TARGET, SO BE PATIENCE .
#LaurusLabDisclaimer: I am not a SEBI registered or authorized analyst. The charts/levels/stocks posted will be only for educational purpose and not a buy/sell recommendation. I will not be responsible for your any losses & profit. No any kind of legal actions will be entertained for the same.
LAURUSLABS Flag and Pole BreakoutLAURUSLABS Flag and Pole Breakout
Laurus Labs
Flag Breakout
Buy @ 340
Target : 420
SL : 320
LAURUS BACK TO FORMAfter Good move in recent times it is again Moving up after a small break.........
Very Good Company Fundamental wise.
In short term it may cross 400
LAURUS LAB FORMING HEAD AND SHOULDER PATTERN CREATED. ABOVE 345 If clossed above 345 can toutch 370,400+
Inverted H&S in Laurus Labs!Laurus Labs is preparing to rocket to it's all time high with an inverted H&S pattern. One can go long when this neckline gets breached, i.e., above 344 and expect 372 in the short term and 410+ levels to be achieved in the long term.
lauras lab cup & handle with macd breakover with big bullish canafter long time in sideways.
macd cross over+rsi is showing 60 above+ big bulosh candle with decent volume..
Laurus Lab giving Cup with Handle BreakoutLaurus Lab ready for 2nd inning, stock breaking out on huge volumes
laurus labs long after breaking resistance 1 day chartkind of forming a reverse head and shoulder pattern. if breaks resistance can give good returns
LAURUS LABS | QUICK 5% RETURN GUARANTEEDBuy around 321 with a Stoploss of 316 and with Target at 337 .
Don't forget to follow, if you make some bucks with these levels :)
All levels are as per spot. Please have a proper risk management. Happy trading.
Possibilities of a Head & shoulder pattern
If NSE:LAURUSLABS doesn't breakout & sustain above 304, expect a decline to 253 levels & more maybe.
Also, price had formed a Triple Top previously & fell from those levels to 250-260 range.
LAURUSLAB in Elliott WavesLAURUSLABS looks like in 3rd wave of ABCDE WAVE, current wave could be stretched wave as there is breakout on last candle with volume, it could reach new all time high after a pull back at 52W High. it has also forming a rounding bottom.
Strong resistance aheadOn Friday it returned form the strong resistance. On Monday it has to break and close above 324 for return of its bullish trend.
