Laurus Labs heading to 430, 500 levelsLaurus labs, closed at 374
Looks good on charts and is ready for next Targets of 430 and 500++ soon
ROI 15% & 34%
Have patience, goods things on their way
To manage risk, consult your financial advisor
LAURUSLABS trade ideas
Bullish on Lauras LabsWide Alligator Opening indicates strong bullish momentum
Above 100 SMA
Target 522
Laurus labs After 3 months of consolidation, Laurus labs gave a huge breakout above 180 and confirmed with a huge green candle
Join the bulls and book timely profits
**Trade at your risk
Do like and follow the profile for weekly trades
Follow up of LAURUS LAB To all learner of conventional patterns you can see how beautifully conventional pattern works.
After down trend Double bottom formed which is reversal patten and up trend started...in uptrend cup n handle formed which is continuation structure....after little sideways movement Ascending tringle formed which is again continuation pattern..now major resistance has broken to continue up trend....
Conventional patterns in daily chart Laurus Lab. on daily chart showing double bottom then Uptrend followed by cup n handle pattern with sideways tread. After sidewaystrend Ascending tringle formed.
Likely going up as both cup n handle & ascending tringle are continuation patterns.
Laurus Labs - Bouncing off demand zone, again!One of the biggest wealth generator of 2020 has been in a sideways direction, although stronger than overall pharma sector, is back at the demand zone of 335-345. Initiating longs here can give favourable RR for traders.
Market is volatile and trade with caution.
LAURUS LABS LTD 1HRBULLISH BAT & Shark strong potential reversal zones
price need to follow Green Trend line & hit target
If price Breaks Red Trend line is where EXIT before SL hits
POTENTIAL BUY
LAURUS LABS LTD 1HRBullish Bat Strong POTENTIAL REVERSAL ZONE
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
SELL SELL SELL!!!Every indicator is showing a downward direction. It's time to exit from this stock. Price is struggling to cross the parallel zone. And the MACD is about to cross into -ve. RSI is downwards and for Stochastic RSI, the crossover is happening
let me know your thoughts in the comments section.
ProbablityGood formation of Inverted head and shoulder pattern
But volume is not big
If volume cross the MA in next session then buying oportunity
Breakout Tradedaily and weekly breakout in Laurus Lab... it can go much higher... lets see ....marked potential target..... trade with stop loss
LAURUS lab weekly long 268 strict sL : 248 Pro: 1.Strong up trLAURUS lab weekly long 268 strict sL : 248
Pro:
1.Strong up trend
2.weekly demand coincind in daily
3.origin of weekly demand
risk:
dropping from top, so may go down drastically
Go Long or Short on Breaking of the Channel.Go Long or Short on Breaking of the Channel, Targets will be Open
Pole Falg in LAURUSLABSLAURUSLAB has formed inverted pole and flag twice on hourly chart, in the first pole-flag, it has retraced 78% of fall quickly where as in second pole-flag it is retracing slowly. and it is forming lower highs and lower lows. moreover stock split is ex-date is on 29-Sept-2020. which increases liquidity. we can see a weakness in the coming sessions.
