LAURUSLABS
LAURUS LAB - BullishLAURUS LAB - Bullish
1. Have strong support at 450, If it breaks 450 very tough to recover.
2. If the market trend reverses the 1st target will be 530.
3. If 530 trend breaks out the next target will be 620.
4. If 620 target breaks and opens and close above the primary trendline... the stock will fly to 900.
Note:
1. I’m not a SEBI Registered advisor, my views are personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
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#aplltd #alembic #cipla #lauruslabs #biocon #granules #lupin #it#APLLTD
NSE:APLLTD
NSE:APLLTD
CMP: 725
Target: 815
SL: 700
RR > 3
TF < 3 months
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
LAURUSLABS LONG Lauras labs re-testing the resistance.
A good trade to enter if it bounces back from this level. Easy 1:3 R:R.
NOTE :- ONLY GOOD TO ENTER IF IT MAKES A BULLISH CANDLE ON MONDAY.
Trade safe. Manage risk. Be profitable.
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Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
Laurus Lab -Short term / Safe trader & long term Laurus Labs -
Long term & Short term suggestions
Alerts:
RSI - Daily Charts - downtrend 32
MACD - Down trend
Short term / Safe Traders
As i have given Enter only once its cross the GREEN line - 50 Day Moving Average -
Buy only once it goes Above 668 Levels for a stable uptrend.
Long term
can buy on Dips as its in a down trend
But once its cross the RED line 200 Day Moving average dont buy - thats the final support
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LAURUS LABS - Next step?LAURUS LABS - One of my Fav. Stocks :)
Has been underperforming for a while
Pros
Currently MACD is strong uptrend
RSI - 56 which is Good
Right time to buy on Dips if available
Cons
Just Below the 50 Day Moving Average - The Green line as shown
Suggestions
Enter once it crosses the 50 Moving Average around 660 - 678 levels
would be the right levels to enter and we would be able to see 750 levels.
The Stock is in my portfolio and suggest to HOLD for a long term for great Returns
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Do let me know incase you want me to post about any other stock in particular
Happy trading :)
Laurus Labs - BUY / HOLDLAURUS - BUY / HOLD
Reversal seen today - :) happy trading we will be able to see a good uptrend starting tomorrow onwards.
RSI - still at 33.26 -
But as seen below it has already hit its lows and now we will get to see an uptrend
1st Target - 620
2nd Target - 650
We would be able to see 700 -750 levels by Mid of Oct :)
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Laurus Labs - Long term - Don't Miss :)Laurus Labs - Great Buy for Long term will not get it at these levels again :)
You would see great returns in 8 - 12 months
It has just given a Bounce back towards an uptrend now.
Green line - 50 Day MA - its still below that but it would go up in no time :)
Red line is the - 200 day MA
RSI - 41 - Towards an uptrend
SELL SELL SELL!!!Every indicator is showing a downward direction. It's time to exit from this stock. Price is struggling to cross the parallel zone. And the MACD is about to cross into -ve. RSI is downwards and for Stochastic RSI, the crossover is happening
let me know your thoughts in the comments section.






















