Strong Breakout from Consolidation zone and closing above UBB shows the continuation of up move.
Laurus Labs is a fully integrated pharmaceutical and biotechnology company, with a leadership position in Active Pharmaceutical Ingredients (APIs) in selected high-growth therapeutic areas and a major focus on anti-retroviral, Hepatitis C, and oncology drugs with SL at 330 , one can go for target mentioned in chart Market Cap ₹ 20,407 Cr. Stock P/E 25.8 Book...
Please follow text message mentioned on charts...More downside visible...
Trade Plan A: Short @373.90 once breaks support and retests with red candle. SL 431.30 TP 312.70 TP2 open Trade Plan B: Long @ 392.55 TP 1 =419.5 TP 2 =446.40 SL =367.60 If the trendline breaks upwards and retests with green candle
Q - How to find technically weak stocks? A - Today we will do a technical analysis of identifying technically weak stock. Example - Laurus Labs Considerations - This analysis will require higher timeframe as it requires vision from a long term perspective * Laurus had a dream run, it became a star studded portfolio stock during its dream run *1st sign: where...
short at 454 stop-loss - 462 target - 430 462 support break and consolidate at 462to444 level RSI is also looking weak 35
My best positional entry on NSE:LAURUSLABS only, if price retest level of 403. Then we can take entry at 403 with stop loss of 370 (-33 Points) My expected up side target would be 450 & 470 (+67 Points). This could be low risk and high reward option. Note: This is my personal analysis, only for learning. Thanks.
trendline resistance turned support then turned into resistance now it has turned into support, sl is put at breakeven letting it ride now that equity is protected qrstuvwxyz harmonic pattern in place
Lauraus labs : heavily corrected from a higher level. Can take support near 380,350, targets will be 500, 550, 650
Dear 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...
Laurus is at a major support level and already bounce back from this point in the past, Good for a swing trade, Avoid it breaking the rectangle line.
Double Bottom Appeared in LAURUSLAB if you want to take trade then watch the volume. If the volume is more than average than take it.if you take it then the Target is at 129.7 Stoploss at 457.7 and Entry at 478.5
laurus lab 1 day chart it is coming towards it demand zone 440
LAURUS LAB - The DEEP CRAB harmonic pattern activates a medium-term trade here. Conservative traders can wait for a breakout above point B. Risky traders can enter at current price with a SL of Point C.
we are long Laurus labs above 532 maintain stoploss below 500 long term target-620-720 time frame 5 month trendline breakout done and above our buy level we can see good upside move risk of 30 points rewards - 90 on 1st target and on 2nd target 190 points
Keep Proper stoploss and follow the trading rules which you have decided to follow while your journey.
stoc trading in wave 3. Price is expected to make further highs from here.
Laurus labs is forming a triangle pattern in the weekly chart. I think it is in the 2nd wave.