Laurus Lab Trading Strategy for Next Few WeeksDear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
Laurus Lab stock structure is very weak. Retail traders should stay away, avoid buying and focus on sell on rise opportunities only. Right now, stock is oversold. Whenever it bounces back to near resistance zone then only based on good quality trade up decide on next action. Please remember trand is your friend therefore never ignore it.
If someone is stuck in this stock. Utilize the bounces to exit once for all and invest in only top quality stocks to protect & grow your hard earn money. Please seek expert advice before trading.
Good luck friends.
Laurus
Laurus Labs - BUY / HOLDLAURUS - BUY / HOLD
Reversal seen today - :) happy trading we will be able to see a good uptrend starting tomorrow onwards.
RSI - still at 33.26 -
But as seen below it has already hit its lows and now we will get to see an uptrend
1st Target - 620
2nd Target - 650
We would be able to see 700 -750 levels by Mid of Oct :)
Kindly like and Follow for free tips :)
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
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.