It has taken support at 200 DMA multiple times as well as at the up-sloping trendline. It can well break the resistance down-sloping TL. Breakout above 440 can see 520 levels.
Laurus Labs - 8years above holding period - above 725.00 will move to uncharted territory. - CSK stockpicks discussion - 01mar2024
Laurus labs looking good for swing trade targets mentioned on chart itself, keep SL trailing.
Laurus lab weekly counts shows soon a leg of correction is to end near the previous degree wave 4 where there exists a buying zone.
Laurus labs might give a possible up move with a decent stoploss and good Targets ENTRY - 394 STOPLOSS - btw 384-386 TARGETS - 405, 415, 420++ Note- if any trade or value that's gone from the marked levels then that's not our trade just let it go or wait for it to come back I'm not sebi registered this is my personal view
Laurus labs might give a possible up move. (Little bit risky but worth it with small STOPLOSS) Entry - above 393.5 STOPLOSS - 388.5 Targets - 400, 405, 410++ NOTE - If any trade or value that's gone from the marked levels then that's not our trade just let it go. I'm not sebi registered this is my personal view.
The chart is self-explanatory as always :) ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too...
Laurus labs buy side view #LAURUSLABS Upside view sustain expecting harmonic pattern Charts for educational purposes only Thanks, V Trade Point
Cup & handle pattern recent high break and sustain level Moving average in line 20/50/200 RSI above 60 daily / weekly / monthly expected level 600 support 376
LAURUSLAB DAILY CHART Ellipse breakout @ 403 Target @ 450-460 Support 380 This stock has witnessed an ellipse breakout @ 403 levels, MOB placed @ 450-460 levels. Its only an observation & not any suggestion.
Breakout of trendline and crossed resistance on weekly TF chart.
`This stock is showing strength in daily and weekly timeframe. supported by gud volume and both the key moving average. SL 349 ENTRY 415 it has gud potential for upside . Follow strict SL & Proper RISK REWARD RATIO. This is the only holy grail in the market.
LAURUS LABS LTD Key highlights: 💡⚡ ✅On 1Day Time Frame Stock Showing Breakout of Broadening Wedge Pattern. ✅Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 465+. ✅Can Go Long in this stock by placing a stop loss below 385-.
STOPOLOSS AND TARGET IN CHART HOLD - EXISTING HOLDERS WITH SL FOR NEW ENTRANTS - WAIT FOR TURNAROUND IN RESULTS FUNDAMENTALS Market Cap ₹ 20,918 Cr. Current Price ₹ 388 High / Low ₹ 418 / 279 Stock P/E 57.9 Book Value ₹ 75.2 Dividend Yield 0.52 % ROCE 22.2 % ROE 20.4 % Face Value ₹ 2.00 Promoter holding 27.2 % EPS last year ₹ 14.1 EPS...
I hope this message finds you well. I wanted to share my swing trade view on NSE:LAURUSLABS with you. I've analyzed the chart and identified some potential opportunities that I believe align with our swing trading strategy. Holding Time Frame: 90 Days Entry Point: 368-372 Stop Loss Point : 348 Target Point: 400,420,440 Please keep in mind that markets...
#LAURUSLABS CMP 371 A hero during the covid run, but an underperformer since 2021 June, charts indicate the pain to be over with 350 area offering very good support. Looking good to add some here. Momentum can kick in above 385 - 390, & later above 450.
Laurus labs will first taret is 440 after breakout of 415 level and after achieving 440 levels it may retrace to the levels of 380-400 and after completing this retracement or consolidation if will take off for the levels of 530.
Initiated buy call at 304 in previous idea. Just following up on chart with revised Stoploss... 370 375 will be crucial levels now for Long position.... Stock has potential to touch 600 before January 2024...