LAURUS LABS ANALYSISStock can be added on breakout and retest of 450 Target of 630 and 730 If stock fails to give a breakout then it can be added at 390 Disclaimer : It's not a buy/sell recommendation. Posts/views are only for educational purpose.Longby GHemanth04Updated 2
LAURUS LABS | 125% returns | 4-year consolidation breakoutLAURUS LABS Monthly time frame Breakout from 4-year consolidation Stock riding above 20- & 50- month moving averages RSI > 50, signalling bullish momentum MACD crossover done and is above the 0 line, signalling bullish momentum Weekly time frame Stock has broken out of the orange trend line resistance after retest Stock has broken out of descending triangle pattern Stock converging near 20-, 50- & 200-week moving averages Golden crossover approaching (50WMA cross 200DMA) RSI > 50, signalling bullish momentum MACD above the 0 line, signalling bullish momentum Daily time frame Stock has been in an uptrend (white dotted parallel channel) since May 2023 Stock in the process of making a higher low (Dow theory) Stock converging near 20-, 50- & 200-day moving averages RSI = 50, signalling bullish momentum MACD is about to cross the 0 line, indicating momentum build up Conclusion Entry: 450 Stop Loss: 385 Target 1: 550 Target 2: 720 Target 3: 1000 Long12:33by shyamsrk2Updated 9
LAURUS LABS-Likely Flag Pattern BreakoutLAURUS LABS:Trading above all its critical EMAs viz 20/50/100/200 and has formed a flag pattern,based on the pattern the logical targets would be 500 -TGT 1 520 -TGT2(For educational purpose only)Longby CSB680
LAURUS LABS LTD S/RSupport and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory. Combining RSI with Support and Resistance: Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal. Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.by zenthosh1
Plan for 25th October 2024Nifty future and banknifty future analysis and intraday plan in kannada. Result analysis. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMTShort06:37by vinaysh229
Regression Channel for Predictive Price Analysis - LAURUSLABSUnderstanding the Regression Channel A regression channel is a powerful tool in technical analysis, helping traders identify and predict price trends. It consists of a central regression line flanked by parallel lines, forming a channel that contains the majority of price movements. Step-by-Step Guide to Drawing a Regression Channel Identify the Trend: Start by identifying the trend you want to analyze. In this chart of Laurus Labs Ltd., we observe the trend from August 2023 to October 2024. Draw the Regression Line: The central regression line represents the best-fit line through the price data, minimizing the distance between the line and data points. Use charting tools like TradingView to draw this line automatically. Add Parallel Lines: Draw parallel lines above and below the regression line to form the channel. These lines should encompass most of the price data. The distance between the regression line and the parallel lines is typically determined by the standard deviation of the price data. Using the Regression Channel for Predictive Analysis Trend Identification: The upper boundary of the channel acts as a resistance level, while the lower boundary acts as a support level. Price movements within these boundaries are considered normal. Reversal Signals: If the price breaks through the upper or lower boundary, it may signal a trend reversal. A breakout above the upper boundary suggests a bullish trend, while a break below the lower boundary indicates a bearish trend. Entry and Exit Points: Traders can use the boundaries of the channel to determine entry and exit points. Buying near the lower boundary and selling near the upper boundary can be a profitable strategy. Volume Analysis: Volume bars at the bottom of the chart show trading activity. Green bars indicate buying pressure, while red bars suggest selling pressure. Pay attention to volume spikes during price movements. Conclusion Drawing and analyzing a regression channel provides valuable insights into price movements. For Laurus Labs Ltd., the channel helps identify key levels where the price may stall or reverse, guiding your trading decisions. By understanding how to draw and interpret this channel, you can enhance your predictive analysis and improve your chances of success in the market.by stocktechbot0
LaurusLab-Swing to Short term Bullish- Channel may continue!! 11.10.2024 Buy- Above 465 Target-505 Stop Loss-425 Risk Reward- 1:1 1.Inside bar breakout 2.Price bounced by creating one more higher low. 3.Gradual volume increase 4.RSI in bullish 5.Ascending channel formation from past 1.5 years. 6.200 Ema rejection and also price crossed 21 and 50 Ema 7. Continues 3 green candles formed NSE:LAURUSLABS Longby Swinging_Inside_the_BARUpdated 1
LAURAS LABS - A Stock to WatchThe stock has been moving up slowly and on the weekly, it has been making higher highs and higher lows. Also, it has been repeatedly bouncing from the 200 DMA. Currently after making a higher high on the weekly, it was pushed down back to the 200 DMA from where it has been bouncing. Now it has moved past the short-term moving averages as well. In the last few sessions, we saw good buying up bars. However, the key parameters like relative strength, money flow and the volume driven momentum are still in the negative territory tending to move to the positive side. Ideally this stock should make another higher high surpassing the earlier higher high which was around 520 levels. Ideally one should wait till it crosses 477 levels and all key parameters turn positive. This will also help to confirm that there is follow up bullishness. Hence this is a stock to watch. Longby karthikmarar8
Laurus Labs Ltd. – Technical Analysis and OutlookAs of the latest price action, Laurus Labs Ltd. is trading at ₹461.45 , down by 1.87% on the day. The stock has shown an interesting pattern of movements within a defined upward sloping channel, which has been respected well over the past year. Key Technical Analysis: Channel Support & Resistance: The stock has been moving within a clear ascending channel. The upper boundary of the channel has acted as resistance, while the lower boundary has provided strong support. Recently, the price touched the upper end of the channel, leading to a rejection, and is now moving downward. Support Levels: [ b]₹480: The recent highs near this level represent a key resistance. A break above this will challenge the upper boundary of the channel. ₹500 : Psychological resistance that the stock will face if momentum picks up. Volume Profile: The volume profile indicates strong interest in the ₹420–₹440 range, suggesting a likely bounce if the stock retraces to this area. There is lower volume at the higher end of the range (₹480+), which implies a breakout beyond this level could be explosive if supported by strong buying interest. RSI (Relative Strength Index): The RSI is trending downwards, indicating that the stock is losing momentum and is approaching oversold territory. This suggests a potential reversal may occur near the support zones, providing a possible buying opportunity. Outlook and Scenarios: Bounce from Support: If the stock respects the support zone between ₹440–₹450, it may rebound and reattempt to test the ₹480 resistance. A successful bounce here would continue the bullish trend within the channel. Breakdown from Channel: If the price fails to hold the ₹440 support and breaks below the ascending channel, the next target would be the ₹420 level, where significant buying interest is present. Channel Continuation: The stock is still within a well-defined channel, and the current pullback seems to be a natural correction within the broader uptrend. As long as the stock holds the lower boundary of the channel, the bullish bias remains intact. Conclusion: Laurus Labs is at a critical juncture as it approaches key support within a rising channel. Investors should closely watch the ₹440–₹450 zone for signs of a reversal. A bounce from this level could lead to a retest of ₹480 and potentially higher. However, failure to hold this support may push the price toward the ₹420 zone, which represents a strong buying opportunity based on historical volume accumulation.Shortby AngshumanSaikia1
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! 👇Longby investigationofchart0
Key Support & Resistance Breakout - Swing TradeDisclaimer: I am not a Sebi registered adviser. This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser. Key Support & Resistance Breakout. Stock has give Breakout of Resistance level. Keep in watch list. Buy above the high. Suitable for Swing Trade. Stop loss & Target Shown on Chart. Be Discipline because discipline is the Key to Success in the STOCK Market. Trade What you see not what you Thinkby AnsariTV2
Lauras LabsMonthly Demand 446 Its a Monthly DMIP Weekly Demand 434 Its a Weekly DMIP Target 560Longby pradyammm0
Play for a Range Breakout...NSE:LAURUSLABS trade @ 445, Resistence is 485 & Support is 385. lauruslabs trade in range since APR/2023. You can watch for a breakout and next resistence is @ 600-625 after that its ATH @ 725.Longby thecapitalmarkets4
Swing Trade - Lauras LabCompany trading at it's support. Pharma Sector is booming. Good RR trade Stock looks good for long term as well with proper quantity play in this counter. Please do your analysis before taking any trade. ThanksLongby Stockiist0
SWING IDEA - LAURUSLABSPrice Action seems to be forming Higher High and Higher Low Pattern. Has broken the previous Lower Low Pattern with a big green candle . 434 is the major Support/Resistance Zone. Currently price seems to be successfully breaking the 434 price. Weekly close above this levels can take the stock to the next leg up.Longby thepranamUpdated 18
Review and plan for 26th July 2024Nifty future and banknifty future analysis and intraday plan in kannada. STOCKS TO WATCH- included. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMTLong17:22by vinaysh0
LAURUSLABSThe stock is re-testing the BO line. It's a 3 year trend BO. Pls do your own analysis before entering a trade. Pls boost the idea if it helps you. Thank youLongby ARAVINDKUMAR242
LAURA LABS, rocket is ready for launch.LAURA LABS Breakout from here. Sl below the trend line. Chart is self explanatory. Please follow the price action & take the trade as per your appetite. The information provided here is only for educational purpose. The information provided here is not intended to be any kind of financial advice, investment advice, and trading advice. Investment in stock market is very risky and trading stocks, options and other securities involve risk. The risk of loss in stock market can be substantial. Moreover, I am not a SEBI registered analyst, so before taking any decision or before investing in any Share consult your financial advisor and also do your analysis and research. Request your support and engagement by liking and commenting & follow to provide encouragement.Longby VivekUshaRastogii2
LAURUSLABSBO after 3 years with good volumes. Pls do your research before entering a trade. Boost the post if you like the idea. Thank you.Longby ARAVINDKUMAR242
Laurus Labs - Breakout with a resistance!The chart is self-explanatory as always :) ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times ✌🏻by TheCharteredsUpdated 30
laurus labs weekly consolidation break can be a good candidate to give u some good returns in very short time it has to close above 450-55 weekly ... can buy for 10-30% returns Longby mohanrajwani591
LAURUS LAB - HISTORY REPEATHELLO EVERYONE, I am here with a new powerpack price action that we can see in LAURUS LABS. KEY POINTS -- The stock is continuously following the pattern of HIGHER HIGH and HIGHER LOWS Giving a look of RALLY and PULLBACK. -- Now the stock is again looking for RALLY i.e HIGHER HIGH. -- Stock has given a small breakout of downward sloping Trendline. -- stock might give close above 50 EMA (in daily TF) today which will help this stock move upward. -- There seems increasing volume in this stock. Exceptional key point- --Its a fundamentally good company and it has purchased some building and machinery in last quarter, This might helps to give good results in upcoming quarters. Trade Plan -- One can enter at Current Market Price as it is above 50 EMA -- Targets will be 450-465-480 -- Stop Loss will be at 419 (previous swing low) Disclaimer I am not SEBI REGISTERED. consult your financial advisor before any kind of investment. I am not responsible for any kind of your profits and losses. Thank you KARANN DINGRALongby KARANN_DINGRA10
Laurus Labs- Fake Cup & Handle Break out...Laurus Labs Ltd:- Chart Shows Cup & & Handle Breakout. It might be Fake Break Out...Watch out for Fundamentals. Caution: May see a sell off from Sell side VWAP.by Asterix_VasishtaUpdated 1