LAURUSLABS 2nd Target 🎯🎯NSE:LAURUSLABS shared @ 350 levels including SL and targets....
now trading @ 2nd target 378 !!
Book your profits and enjoy !!
Attached the previous chart for your easy reference !
LAURUSLABS trade ideas
Lauruslabs share Big Target 440Laurslabs share plot elliot wave analysis .this stock complete 5 wave upside . 5 wave = 1 wave of impulse big time frame . price start downside 2 wave big time frame . 2 wave internal wave a,b,c complete down side . price again go upside wave 3
$NSE:LAURUSLABS BO retested stock !!NSE:LAURUSLABS successfully given BO and retested, showing very good volumes @ Support zone and running towards target.
Potential targets and SL marked for paper trades !!
LAURUS LAB BUY TRADE FOR JULY FUT
Source : Weekly Demand
Destination : Weekly Supply
Confirmation : Daily
Trade : Daily Demand
Laurus Labs LTd.Laurus Labs Ltd. is in making of rounding bottom (or cup&handle pattern), already crossed 200EMA. Volume is good and RSI is also in positive mood. lets see what happens next. The content provided is for educational and informational purposes only.
PS: It increased during the time I wrote this idea.
📈 Exciting Bullish Pattern Alert! 🐂📊 Pattern: Rising Channel
📌 Symbol/Asset: LAURUS LAB
🔍 Description: Moment Stock with Strong Support
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
LAURUSLABS Trend line testing on DAILY time frame on LAURUSLABS.
As long as 355 holds, possible to see 365/370 by end of July
#LAURUSLABS
Lauruslab : Good Short and Positional TradeLauruslab : Good Short and Positional Trade
Follow strict SL
PS : Only for learning purpose
LAURUSLABS viewsThis script as disclosed in the chart drawing, seems to have given a good breakout.
Should remain positively biased if breakout sustains above or within the zone.
Important to watch for study.
laurus lab trying to complete bottomsome risk is still there so wait and watch.
need patience to see more development till august.
LAURUS LABS BUY
Source : Weekly Demand
Destination : Monthly Supply
Confirmation : Daily
Trade : Long
Zone : Daily Demand
Entry : 336.50
Sl : 328.95
Tp : 368.65
Risk : 7.55
Reward : 32.15
Ratio : 4.25
LAURUSLABSEXPECTING UPSIDE MOVEMENT IN LARUS LAB. AS per Elliot wave, now it completed 3rd wave downside and expecting to move against trend that is upside. intermediate trend is upside.
Laurus Labs longLaurus Labs around the bottom. time to accumulate this share. Stop loss below red region mentioned in the chart.
Review and Trading plan for 20th Aprilifty future and banknifty future analysis and intraday plan in kannada.
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, CMT
OPENING RANGE BREAKOKUT -
LAURUSLABS Breakout from Consolidation zone and closingStrong Breakout from Consolidation zone and closing above UBB shows the continuation of up move.
LAURAS LABSLaurus Labs is a fully integrated pharmaceutical and biotechnology company, with a leadership position in Active Pharmaceutical Ingredients (APIs) in selected high-growth therapeutic areas and a major focus on anti-retroviral, Hepatitis C, and oncology drugs
with SL at 330 , one can go for target mentioned in chart
Market Cap
₹ 20,407 Cr.
Stock P/E
25.8
Book Value
₹ 70.5
Dividend Yield
0.53 %
ROCE
23.4 %
ROE
24.6 %
Face Value
₹ 2.00
Promoter holding
27.3 %
EPS last year
₹ 14.0
EPS latest quarter
₹ 4.23
Debt
₹ 1,925 Cr.
Pledged percentage
0.04 %
Net CF
₹ 1.55 Cr.
Price to Cash Flow
24.8
Free Cash Flow
₹ 61.6 Cr.
Debt to equity
0.51
Volume
1,195,742
OPM last year
27.3 %
OPM 5Year
25.0 %
Reserves
₹ 3,679 Cr.
Price to book value
5.38
Int Coverage
10.3
PEG Ratio
0.85
Trend Analysis for LauruslabsTrade Plan A: Short @373.90 once breaks support and retests with red candle.
SL 431.30
TP 312.70
TP2 open
Trade Plan B: Long @ 392.55
TP 1 =419.5
TP 2 =446.40
SL =367.60
If the trendline breaks upwards and retests with green candle
How to find technically weak stock? #TechnicalAnalysisQ - How to find technically weak stocks?
A - Today we will do a technical analysis of identifying technically weak stock.
Example - Laurus Labs
Considerations - This analysis will require higher timeframe as it requires vision from a long term perspective
* Laurus had a dream run, it became a star studded portfolio stock during its dream run
*1st sign: where you should have booked your profit is RSI - 94 Peak
* 2nd sign: the next rise couldn't go past previous high
* 3rd sign: the next pullback again couldn't get past its 2nd lower high formation
When all the above scenario happens with lower strength in RSI then look out for the next biggest accumulation support i.e - 377-330 on monthly level
377-330 good past accumulation happened, mostly it will get support around these levels. It will take some good amount of time to go past its previous glory(to discussed some other time)
Laurus Lab short at 454
stop-loss - 462
target - 430
462 support break
and consolidate at 462to444 level
RSI is also looking weak 35
LAURASLABS Best Positional Entry Idea My best positional entry on NSE:LAURUSLABS only, if price retest level of 403. Then we can take entry at 403 with stop loss of 370 (-33 Points)
My expected up side target would be 450 & 470 (+67 Points). This could be low risk and high reward option.
Note: This is my personal analysis, only for learning. Thanks.
