LAURUSLABS trade ideas
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.
LAURUS LABS - AttractiveBasically expecting a breakout and a good rally upwards. Buy only above 1155
However, Nifty will be facing a strong resistance this week which is why there "may be" a pull back.
If Nifty retraces and begins a fresh correction then keep an approp stop loss based on your risk appetite.
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PHARMA API - INGREDIENTS COMPANY Laurus Labs LOOKING GOOD PHARMA API - INGREDIENTS COMPANY Laurus Labs LOOKING GOOD FOR 1200 PLUS TARGET
lauruslabs chart30 min tym frame brackout in laurus labs chart target and stoploss for posstional trade 1st target -1072 , 2nd target -1105 with stoploss of 1040
Laurus Labs inverted Hammer . Rejection in buyingBuyers can wait for a pull back to the marked area or wait for the price to create as base
Laurus Labs: weekly Inverted Hammer. Signal for downtrendLaurus looks weak in weekly trend due to inverted hammer with red candle. whoever wants to buy can wait for a support to buy
LAURUSLAB - Set to break All time high Stock is just 40-50 points away from its ATH which is 640. currently trading at 597. Bullish on all time frame.
A very good potential pharma company to invest for good returns.One can trade in this script with immediate target of 570 followed by 610 and higher before stock split, keep stop loss at 500. Good luck and have a great profitable day.
For long term investors keep it in your portfolio and hold for multi fold returns.
for more you can visit my site 5nancial.blogspot.com
LAURUSLABS-Long. This stock is good for investment as wellLAURUSLABS-Long. This stock is good for investment as well
Laurus LabsGreat set of results, Profit After Tax was up by 155%. Target upside 639, Stop Loss 499, CMP 512.5
Breakout with strong volumesLAURUSLABS has given a strong breakout above its resistance and it may be advisable to go long on this stock. The Stop Loss should be maintained at 475.
Targets; T1 - 550; T2- 575; T3- 620.
Disclaimer: I have also taken a long position in this stock and will follow the price levels given above.
A Flag pattern breakout is expectedThis has shown a great up move, now consolidating as a flag and ready for breakout. This is also supported with high volume
