Education purpose only - LaurasLabCompany 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
LAURUSLABS trade ideas
Laurus Labs Ltd | Pharma multibagger momentum stockLaurus 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 = 27.2 % Piotroski score = 5.00
Quick ratio = 0.64 Current ratio = 1.31 Profit Var 3Yrs = 41.6 %
Sales growth 3Years = 27.3 % Return on assets = 11.2 %
in sector rotation now its pharma time to move up.
big player heavily buying in pharma sector.
this stock is big one momentum stock. since long consolidation RSI up move in momentum zone.
we have to ready for participate and grab the opportunity . moreover financially also stable pharma company.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
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Momentum GameIdea 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
LAURUSLAB short term bullishLaurus 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 not responsible for you profits and losses
LAURUSLABS | Swing Trade📊 DETAILS
Sector: Pharmaceuticals & Drugs
Mkt Cap: 21,545 cr
Founded in 2005, Laurus Labs is a research-driven pharmaceutical and biotechnology company having a global leadership
position in select Active Pharmaceutical Ingredients (APIs) including anti-retroviral, oncology drugs (incl High Potent APIs), Cardiovascular, and Gastro therapeutics. They also offer integrated CMO and CDMO services to Global Innovators from Clinical phase drug development to commercial manufacturing.
Laurus employs 6500+ people, including around 1050+ scientists at more than 11 facilities approved by global agencies USFDA, WHO-Geneva, Japan-PDMA, UK-MHRA, EMA, TGA etc.
TTM PE : 58.61 (High PE)
Sector PE : 47.13
Beta : 0.73
📚 INSIGHTS
Mid range performer
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.
7.73% away from 52 week high
Underperformer - Laurus Labs up by 4.26% v/s NIFTY 50 up by 8.74% in last 1 month
📈 FINANCIALS
Piotroski Score of 5/9 indicates Average Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
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Laurus Labs Ltd- pattern breakout+ Monthly inside CPR=Highly bulMy outlook on Laurus Labs Ltd
CMP AT 414
Inside Monthly CPR indicating a strong breakout on upside.
Candles are sustained above the monthly cpr and monthly resistance showing bullishness.
pattern breakout with good volume
#Lauruslabs #BREAKOUTSTOCKS
Multimonths Breakout in Laurus LabsThis is 1 years old Year Breakout
Keep a watch coming days on how the price moves. A strong day closing above 430 will be a good sign.
This idea is for Educational Purpose Only.
Learn & Earn,
LETS GROW TOGETHER
Faisal Merchant
I am not SEBI registered and all Ideas posted by me are for Educational Purpose.