Description
⋅ After giving sell call between 460 to 490 in December 2022...Now looks like Buying is emerging and stock has potentially bottomed out.
Rounding bottom seems to be in progress now with weekly MACD giving buy signal and daily chart is now moving above short term moving averages...
Buy once closes above 310 with closing basis Stoploss of 280 for medium term target of 450 600 by year end...
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⋅ Call given yesterday 304 to 317
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⋅ 323 Bazooka move
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⋅ Stock has posted BAD results but if manages to give weekly close below 280...we need to exit from this position...
I think bad results are already factored in price
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⋅ 320 again even after bad results...stock has potential to double
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⋅ 333
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⋅ 345 so far
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⋅ 367 so far
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⋅ from 304 to 378 now trading near 350 zones...be cautious around 340 zones...
Weekly close below 340 can distort chart...
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⋅ Fresh Breakout on Laurus...Had some volatility because of Results now looking good...
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⋅ 404 from 304 :D
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⋅ 412