Laurus Labs - Long term - Don't Miss :)Laurus Labs - Great Buy for Long term will not get it at these levels again :)
You would see great returns in 8 - 12 months
It has just given a Bounce back towards an uptrend now.
Green line - 50 Day MA - its still below that but it would go up in no time :)
Red line is the - 200 day MA
RSI - 41 - Towards an uptrend
LAURUSLABS trade ideas
Bullish engulfing and move upLaurus had met with resistance at this zone ( 687-693) - marked, and started moving down and then did a bullish engulfing candlestick pattern ( see black arrow) and started moving up...crossed the resistance zone and is slowly moving up. Laurus Labs has solid fundamentals and has moved big already but has potential for more upside. targets marked