Breaking 52w High with good relative strength. The immediate target would be the previous high with SL at the previous week's low.
Disclaimer: This is for demonstration and educational purposes only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Lauruslabs respects 200MA and takes support in the immediate trendline. This point acts as crucial for Laurus labs. Breaking this could result in new lows.
Too much selling pressure at resistance point and one lakh crore market cap panic made the stock fall drastically . Now It is expected to take support on daily chart resistance line. Investors have stock in best accumulation area now.
