Trade ideas
Mid-cap Pharma Company might get a booster dose.Mid-cap Pharma Company might get a booster dose?
The 31,177.59 Cr. worth mid-cap Pharma company, Laurus Labs Ltd. gave a massive 96% CAGR (3yrs.) in the past. The share price of the company made a high of Rs. 723.55 after which it saw a downturn is now giving signals of its trend reversal to Bullish. The share price of the company made an 'inverted Head and Shoulders' pattern which is a bullish trend reversal pattern. Also, the share price might also see a 50 & 100 EMA crossover in the next 1-3 trading session which again makes it a positive for traders & investors. In clear words, the target for the share is 665 - 685, with a mid-term view of 2- 12 weeks. The stock might retest the level of 550 - 560 (precisely Rs. 555) which would also make it the ultimate support.
Also, please consult your financial advisor before entering into any trade. This piece of knowledge is shared only for educational purposes. Thank You & keep learning!
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.
LAURUSLABS gives a breakout and retested. Aim for 5-10%. It can be easily achievable in 1-3 days.
My belief is to choose high winning probability trade with a risk-reward ratio going from 1:1 to 1:2.
The reason for booking profit of only 6-8% is because the market direction is not sure at this point. So better to aim for 1:1 risk-reward and rotate your money in better opportunities.
It is an analysis video. Take your decision on your own.
Take trade if all conditions meet at the end of the day 3:15-3:30 PM.
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LAURUSLABS B @ 528 TARGET @ 538Dear Traders,
LAURUSLABS B @ 528 TARGET @ 538
Many people made huge profits last week and as per my predictions , the market was running same direction and entry and exit strategies where bang on target.
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LAURUS LABS (LONG)Good Volume coming
This idea was shared on 25 Nov 2021 and its moving up since then
It was Buy near 500-515
with TGT 579 - 657 - 690 - 800.
SL 450.
Please change SL to 445 to be more safe.
Please Correlate by yourself also on charts. This is for Educational and Paper Trading Purpose Only. Must Consult your financial advisor before Investing.






















