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arunspoton
Nov 1, 2021 4:30 PM

Laurus Labs 

LAURUS LABS LTDNSE

Description

Support level highlighted in Red 475 & if this is Broken the next support is @ 381 Levels
RSI - Daily Charts - 26 - Note Last time Also we saw a bounce back at the similar level
MACD - Downtrend as on today but we should be some positive sign in the next 1 or 2 days
Comments
ritu14
Hi
It broke 475 to close at 462. 381 will be 30% down my buying rate.
arunspoton
@ritu14, Yes next good support is 381
ritu14
@arunspoton, It reversed :) still in big loss, but atleast it stopped falling. its at 491, another important support it had broken.
arunspoton
@ritu14, See the reversal could be due to the Dividend thats on 17th Nov. We need to see the progress the whole week to understand if there is going to be a actual reversal
ritu14
@arunspoton, Yes. Ok. noted. Thanks
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