After giving sell call between 460 to 490 in December 2022...Now looks like Buying is emerging and stock has potentially bottomed out. Rounding bottom seems to be in progress now with weekly MACD giving buy signal and daily chart is now moving above short term moving averages... Buy once closes above 310 with closing basis Stoploss of 280 for medium term target...
NSE:LAURUSLABS shared with all the potential levels including SL, Now trading @ 3rd target today, Enjoy your profits by book or trail ur SL....
LAURUSLABS are already break of 50ema (weekly candle) in uptrendand i think it going towards 450 range nearly 15% up from current point.
1) Monthly is reversing from major bottom. 61.8% Fibonacci Retracement of the Previous swing. 2) Weekly has just got into an uptrend with 200 EMA close above weekly candle. 3) Daily is also in an uptrend. Looks good for a target of 440-450, the demand and supply zones are marked, demand zones are good to buy prices and Supply zones are good to sell prices.
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose
NSE:LAURUSLABS shared @ 350 levels including SL and targets.... now trading @ 2nd target 378 !! Book your profits and enjoy !! Attached the previous chart for your easy reference !
Laurslabs share plot elliot wave analysis .this stock complete 5 wave upside . 5 wave = 1 wave of impulse big time frame . price start downside 2 wave big time frame . 2 wave internal wave a,b,c complete down side . price again go upside wave 3
NSE:LAURUSLABS successfully given BO and retested, showing very good volumes @ Support zone and running towards target. Potential targets and SL marked for paper trades !!
Source : Weekly Demand Destination : Weekly Supply Confirmation : Daily Trade : Daily Demand
Laurus Labs Ltd. is in making of rounding bottom (or cup&handle pattern), already crossed 200EMA. Volume is good and RSI is also in positive mood. lets see what happens next. The content provided is for educational and informational purposes only. PS: It increased during the time I wrote this idea.
📊 Pattern: Rising Channel 📌 Symbol/Asset: LAURUS LAB 🔍 Description: Moment Stock with Strong Support 👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
Trend line testing on DAILY time frame on LAURUSLABS. As long as 355 holds, possible to see 365/370 by end of July #LAURUSLABS
Lauruslab : Good Short and Positional Trade Follow strict SL PS : Only for learning purpose
Laurus Lab looing for good for buying waiting a little dip
This script as disclosed in the chart drawing, seems to have given a good breakout. Should remain positively biased if breakout sustains above or within the zone. Important to watch for study.
some risk is still there so wait and watch. need patience to see more development till august.
Source : Weekly Demand Destination : Monthly Supply Confirmation : Daily Trade : Long Zone : Daily Demand Entry : 336.50 Sl : 328.95 Tp : 368.65 Risk : 7.55 Reward : 32.15 Ratio : 4.25
EXPECTING UPSIDE MOVEMENT IN LARUS LAB. AS per Elliot wave, now it completed 3rd wave downside and expecting to move against trend that is upside. intermediate trend is upside.