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LAURUSLABS

analysisAnalysis of Laurus Labs Ltd. Chart (Weekly Timeframe) 1. Channel Trend & Breakout Upward Channel: The chart shows a clear upward trend within a rising channel, starting from around mid-2022 and continuing into late 2024. Breakout: The price has just broken out of the upper boundary of the channel near the ₹500 level, suggesting potential bullish momentum. A breakout above a rising channel typically indicates that the stock may continue to rally in the short-to-medium term. Volume Confirmation: The breakout is supported by a significant spike in volume (11.09M), which confirms the strength behind this breakout. High volume during a breakout usually strengthens the case for sustained upward momentum. 2. Resistance Levels Next Resistance: The chart shows that the next major resistance level is around the ₹550-₹590 zone (marked on the chart), which was a previous support-turned-resistance in 2022. Potential Target: Since the stock has broken out of the channel, the immediate target could be the next resistance at around ₹590, a key psychological level. 3. Volume Analysis The recent volume surge (11.09M) during the breakout phase indicates strong buying interest. This is a bullish signal that supports the breakout. Sustained high volume could lead to further upside. Volume Trend: It’s crucial to monitor if this volume trend continues. If volumes start to decline, the breakout may lose momentum, and the stock could consolidate or retrace. 4. Moving Forward Short-term Target: The breakout suggests an upward move toward the ₹550-₹590 zone. Long-term Outlook: If the stock clears ₹590 convincingly, it could enter a new bullish phase and aim for levels above ₹600. However, failure to sustain above ₹500 could result in a retest of the lower support levels. 🚀 Laurus Labs (LAURUS) Breaks Out! Bullish Momentum Ahead? 🚀 📊 After months of consolidation, Laurus Labs Ltd has broken out of a rising channel on the weekly chart, hitting ₹506.70 today! 🔥 📈 Breakout Details: Trend: Upward channel breakout 💥 Next Resistance: ₹550-₹590 💡 Volume: Strong confirmation with a spike to 11.09M 🟢 💡 What’s Next? If momentum continues, the stock could rally towards ₹590 🏁 Watch out for volume to sustain! 🔍 Target: Short-term upside towards ₹550-₹590 🚀 👉 Are you ready for this potential run? 📈 Let’s discuss below! 👇
NSE:LAURUSLABSLong
by investigationofchart
Sell Laurus Labs cmp 431 target 380 stop 455Technically this stock has bearish structure on a hourly chart indicating weakness and fall to come in coming days. Fundamentally the recent quarters were extremely bad and it can easily correct to 380 levels. Big people seems to be distributing stocks on a higher levels, whenever demand become weak, the stock can easily correct 5% plus in a single trading session. So strongly recommend to aggressively short this stock and wait for big fall.
NSE:LAURUSLABSShort
by PrashantDahale
Swing Buy opportunity in Laurus LabsEntry: 389 Target: 417 SL: 378 NOTE: This trade is only for Equity Swing buy and not to be considered for options trading. Please do follow Position Sizing and Risk Reward Ratio while planning any trades. Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any action. TO CONNECT WITH ME CHECK OUT MY BIO. If you like this Idea, Please do like my ideas and share it with your friends. check my bio. Please boost my ideas and send cheers as it acts as a motivation to keep posting my analysis. Thank you
NSE:LAURUSLABSLong
by rkinspiro1
1
#IPCALAB #MOREPENLAB #DRREDDY #LAURUSLABS #DIVISLABS #AUROPHARMA#IPCALAB NSE: IPCALAB CMP: 864 TP: 980 SL: 840 TF: <6m RR > ~4.5 times Return > 13% THYROCARE CNXPHARMA LUPIN SUNPHARMA SPARC DIVISLAB DRREDDY AUROPHARMA BALPHARMA GLENMARK SANOFI PFIZER BPLPHARMA MARKSANS BIOCON GRANULES IPCALAB LAURUSLABS NATCOPHARM GLAND ALKEM ZYDUSLIFE APOLLOHOSP FORTIS AARTIDRUGS ZYDUSWELL MAXHEALTH BAJAJHCARE Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:IPCALABLong
by Rachit_Sethia
#DIVISLAB #TORNTPHARM #ALKEM #AUROPHARMA #BIOCON #LUPIN #CIPLA #DIVISLAB NSE: DIVISLAB CMP: 3498 TP: 4200 SL: 3300 TF: <6m RR > ~3.4 times Return > 20% THYROCARE CNXPHARMA LUPIN SUNPHARMA SPARC DIVISLAB DRREDDY AUROPHARMA BALPHARMA GLENMARK SANOFI PFIZER BPLPHARMA MARKSANS BIOCON GRANULES IPCALAB LAURUSLABS NATCOPHARM GLAND ALKEM ZYDUSLIFE APOLLOHOSP FORTIS AARTIDRUGS ZYDUSWELL MAXHEALTH BAJAJHCARE Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:DIVISLAB
by Rachit_Sethia
#vimtalabs #ipcalab #lauruslabs #lalpathlab #guficbio #alkem#VIMTALABS NSE: VIMTALABS CMP: 461 TP: 560 SL: 410 TF: <6m RR > 2 times Return > 22% THYROCARE CNXPHARMA LUPIN NSE:CIPLA SUNPHARMA SPARC DIVISLAB DRREDDY AUROPHARMA BALPHARMA GLENMARK SANOFI PFIZER BPLPHARMA MARKSANS BIOCON GRANULES IPCALAB LAURUSLABS NATCOPHARM GLAND ALKEM ZYDUSLIFE Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:VIMTALABSLong
by Rachit_Sethia
#GLENMARK #SANOFI #PFIZER #BPLPHARMA #MARKSANS #BIOCON #GRANULES#GLENMARK NSE: GLENMARK CMP: 440 TP: 515 SL: 400 TF: <6m RR > 2 times Return > 17% THYROCARE CNXPHARMA LUPIN NSE:CIPLA SUNPHARMA SPARC DIVISLAB DRREDDY AUROPHARMA BALPHARMA GLENMARK SANOFI PFIZER BPLPHARMA MARKSANS BIOCON GRANULES IPCALAB LAURUSLABS NATCOPHARM GLAND ALKEM ZYDUSLIFE Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:GLENMARKLong
by Rachit_Sethia
How to find technically weak stock? #TechnicalAnalysisQ - 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 you should have booked your profit is RSI - 94 Peak * 2nd sign: the next rise couldn't go past previous high * 3rd sign: the next pullback again couldn't get past its 2nd lower high formation When all the above scenario happens with lower strength in RSI then look out for the next biggest accumulation support i.e - 377-330 on monthly level 377-330 good past accumulation happened, mostly it will get support around these levels. It will take some good amount of time to go past its previous glory(to discussed some other time)
NSE:LAURUSLABSEducation
by Cryptified_Soul
2
Laurus Lab Trading Strategy for Next Few WeeksDear 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 trading skills and please do consult your financial advisor before trading. Laurus Lab stock structure is very weak. Retail traders should stay away, avoid buying and focus on sell on rise opportunities only. Right now, stock is oversold. Whenever it bounces back to near resistance zone then only based on good quality trade up decide on next action. Please remember trand is your friend therefore never ignore it. If someone is stuck in this stock. Utilize the bounces to exit once for all and invest in only top quality stocks to protect & grow your hard earn money. Please seek expert advice before trading. Good luck friends.
NSE:LAURUSLABS
by manishmgupta
LAURUS LAB - BullishLAURUS LAB - Bullish 1. Have strong support at 450, If it breaks 450 very tough to recover. 2. If the market trend reverses the 1st target will be 530. 3. If 530 trend breaks out the next target will be 620. 4. If 620 target breaks and opens and close above the primary trendline... the stock will fly to 900. Note: 1. I’m not a SEBI Registered advisor, my views are personal and for educational purposes only. 2. Always check with your financial advisor and take the trade as per your risk/reward ratio. 3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...
NSE:LAURUSLABSLong
by ravi15684
#aplltd #alembic #cipla #lauruslabs #biocon #granules #lupin #it#APLLTD NSE:APLLTD NSE:APLLTD CMP: 725 Target: 815 SL: 700 RR > 3 TF < 3 months Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:APLLTDLong
by Rachit_Sethia