Trade ideas
LAURUS LABS - 100% RETURNS!!!BUY - LAURUS LABS LTD
CMP - Rs. 330
Target - 1: Rs. 465
Target - 2: Rs. 532
Target - 3: Rs. 657
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The chart is self-explanatory, the targets have been set according to supply-demand zones and potential break out of the triangle pattern.
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This is just a view by an expert analyst, please invest at your own risk.
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Laurus Labs- Potential selling climax has been reached.
- Sellers seem exhausted
- Continuous divergence on RSI
- Moving averages turning flat
- Seems like a good pick from the investment perspective.
Very interesting turn of events in Laurus Labs after the poor earnings result. In hindsight, it seems like it was a "buy the news" event.
Would be interesting to see how it moves over the next few weeks.
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
spot light on #LaurusLabKey observation :
- Laurus Lab is nearing Possible Reversal Zone of HARMONICS Patter on Daily Time Frame
- Stock is nearing Daily and Weekly Time Frame.
- NSE:LAURUSLABS posted Beautiful results on Q3 as well and also given proper Justification on reduction on Gross Margin
- Surprising Move is in pipeline to Invest at Current levels. Invest now and reap the benefits at this stage.
- Many more reasons like this ....
CMP 330
40 - 50 % potential upside is possible.
Laurus Labs Ready For Go Upside New Study For Paper Trade
Buy Lauruslab Near 355-360
StopLoss :330
Target : 400-450-500-600
Study Logic
👉 Weekly Demand Zone
👉 Monthly Demand Zone
👉50 EMA Support In Monthly TimeFrame
Only For Paper Trade And Education Purpose
Don't Real Trade
I am not sebi Registered Here Post is only for Education purpose i am not responsible for any profit and loss.
channel pattern breakout in LAURUSLABSLAURUSLABS
Key highlights: 💡⚡
✅On 1Hr Time Frame Stock Showing Breakout of channel Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 391+.
✅Can Go Long in this stock by placing a stop loss above 378-.
✅ breakout this can give risk:reward upto 1:3+
LAURUS LABS LTDFor Long Buy on or above 380 Sell - 425 (1st Target) / 440 (2nd Target) Stop loss - 366 (Minor Bullish divergence on daily time frame)
For Short Sell Below 370 as the level breaks Target - 340 Stop loss - 382
Disclaimer:
Don't consider this as an investing or trading advice. The analysis which i have share here is my
personal opinion. Kindly do your own analysis before taking any financial step.
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