arunspoton

LAURUS LABS - Next step?

arunspoton Updated   
NSE:LAURUSLABS   LAURUS LABS LTD
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 :)
Trade active:
As mentioned above its yet to go above the 50 Day moving average - Buy on Dips
this is a GEM of a stock for long term.

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kindly let me know incase you want me to post about any particular stock as well
Happy Trading

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