LAURUSLABSLaurus labs is forming a triangle pattern in the weekly chart. I think it is in the 2nd wave.
LAURUSLABS trade ideas
LAURUSLAB READY FIRELauruslab pattern looks for blasting
educational levels marked for intraday.
Looks for for positional trade also
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.
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STOCK ANALYSIS LAURUS LAB Good evening friends
See video for details good level in terms of risk and reward.
Regards.
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!
Laurus Labs - April'22Laurus Labs
RSI - 62.85
Looking positive - Above its 50 & 200 Day moving Average
Target - 627.55
Support - 544.80
Buy on Dips
Happy Trading
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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.
Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries.
Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
LAURUS LABS Entering Beast ModeClosed above the Supply Zone.
Descending Trendline Broken.
Good uptrend will be seen Target.
Longterm positional Call
LauruslabsLauruslabs made inverted head n shoulders on daily charts & broke out of neckline with very good volumes.
Could be bought with mentioned stoploss & targets.
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.
If you have any questions or suggestions, please leave a comment below.
I will personally reply to every single comment!
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Laurus Labs Ltd.Laurus Labs Ltd.
Coming Out of Consolidation Zone.
*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ and is Respected.
Happy Investing :)
Lauruslabslauruslabs broke out of traingle pattern & comfortably trading above it with decent volumes.
Could be bought with mentioned stoploss & targets.
LAURUS LABSLauruslab was consolidating near resistance from the past few trading sessions.
Today if moved decisively above previous resistance, now sustaining 530-520 levels, the stock could move towards 630-649 levels in the coming weeks.
Disclaimer: Not a recommendation to trade.
Laurus Labs - Next Move? When to Enter?Laurus Labs
Any Fresh entry I would suggest to enter only once it Cross its 200 Day Moving Average 570 Levels where in you can get a good uptrend thereafter
Happy Trading
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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.
Dear traders kindly follow our signals for maximum profits,
our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
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LAURUSLABS A good candidate for mid term swing. Everything has been explained on the chart, Consider as per your risk apatite.
Laurus Lab W Pattern BreakoutLaurus Lab seems like it is bottoming out
Low also shifted to Lower High
From Last Three Days developed positive volume
It seems today Breakout of W pattern
Good to Go
LAURUSLABS : LONG : 18.6% : R/R 4.9- the correction here has been a little too deep for comfort: max retracement has been > 0.618
- expect more volatility, risk = 3.78%, can get shaken out, have got shaken out already once, a week back.
- depends on pharma index performance.
