The stock making and trading with interesting pattern.Support turn resistance zone might or not affect the stocks.If stock break this area than high chances of going further.Entry and exit can plan according to you.
No calls. No tips.Only chart analysis
NSE:LAURUSLABS
cmp 399.85
This setup is developing and appears promising
Let's wait for a breakout over 440 before moving on with buy position
anticipating a first target range of 550–560, and after some area consolidation, will head in the direction of 700
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in...
Laurus Labs - Long
Buy & Accumulate Zone: ₹ 397-₹ 401
Target 1: ₹ 418.65
Target 2: ₹ 540.8
Target 3: ₹ 480.9
Stoploss: ₹ 378.5
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**Disclaimer:
I am NOT a...
Sector: Pharmaceuticals & Drugs
MONTHLY CHART shows strength...
on weekly chart price making HH& HL formation showing strength in this script..
as well as on daily chart price in Weekly demand zone....
one can accumulate this script for the target 450....
With the price holding up well after a bad result the co could see further selling.
Short the stock if another attempt to break above the red line (200EMA) fails.
Short as close to 388 if it falls again from close to there with a stoploss above 395.
Company has come out with a very lower results.. on a bad day stock open 10% down (25th Jan) but it has recovered half of it though market was bad... so in such a scenario.. it should start upward journey as Aarti did... lets see...
Entry now and immediate target is 450...
SL 340 to 350
With rumours that hedge funds are shorting HDFC Bank..a stock like Laurus won't survive a bad result either.
Mrkets could punish it bigtime here.
Short below 388 and further below 380.
First target 333.
SL 404 after the first trade.
Buy Lauras Lab 320 to 335 range for 375/400/440. Expecting some proper bounce in beaten down names in pharma space. Keep stop below 310 on two days closing basis. Good volume base buying happening after bad results posted this quarter
Weekly breakout in LAURUSLABS after 3 years, good upside and a nice 1:1+ Risk reward.
Cherry on the cake: FIIs and DIIs increased their share in this stock in the last quarter
#LAURUSLABS appears promising on the weekly chart, forming higher highs (HH) and higher lows (HL). The volume is improving, accompanied by strong relative strength.
Laurus Labs Ltd | Pharma multibagger momentum stock
Founded in 2005, Laurus Labs is a research-driven pharmaceutical and biotechnology company having a global leadership position in select Active Pharmaceutical Ingredients (APIs)
Financial: excellent
Market Cap = 23,185 Cr. ROCE = 22.2 % ROE = 20.4 %
Debt to equity = 0.45 Promoter holding =...
Idea is Simple Invest in stocks which Breakout with Volume.
Rather than targeting 20% to 25% profits for most of your stocks, the profit goal is a more modest 10%, or even just 5%.
Rule 1 : Respect Target & Stoploss.
Rule 2 : Hold the Trade until the Rule 1 is not met.
Rule 3 : SL on Day Close Basis
Rule 4 : On result day trail your SL at 15Min Time Frame
Laurus lab has fallen much and formed bullish pin bar on weekly chart. It likely to get pullback up to the previous demand zone (430), however it might touch 20 EMA and and halt for few sessions before going up.
Better entry would be@ 315 ~320 , and stop loss must be 270 on daily closing basis.
disclaimer : its completely my own analysis and not a call. I am...
LAURUSLABS gave a weekly BO last week, and has followed up with strength this week. Good volumes and price is moving now..
Keep in the list for this week
![LAURUSLABS: LAURUSLABS BO [DAILY]](https://s3.tradingview.com/9/9Lr9S9ty_mid.png "LAURUSLABS BO [DAILY]")
