Laurus Labs | Price Action Buying Zone on RadarLaurus Labs | Weekly Technical Outlook
On the weekly timeframe, Laurus Labs has been showing consistent corrections of around 19–20% in each fall.
Currently, the stock is approaching a strong support zone near 700–730, where the weekly RSI is also holding support.
If this level sustains, Laurus Labs has the potential to see higher price levels in the coming sessions.
Thank You !!
Lauruslabspriceanalysis
Laurus Lab Trading Strategy for Next Few WeeksDear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
Laurus Lab stock structure is very weak. Retail traders should stay away, avoid buying and focus on sell on rise opportunities only. Right now, stock is oversold. Whenever it bounces back to near resistance zone then only based on good quality trade up decide on next action. Please remember trand is your friend therefore never ignore it.
If someone is stuck in this stock. Utilize the bounces to exit once for all and invest in only top quality stocks to protect & grow your hard earn money. Please seek expert advice before trading.
Good luck friends.



