Laurus Labs – Educational Technical Snapshot

📊 Laurus Labs – Educational Technical Snapshot (SEBI Reg. INH000019886 | For Learning Purpose Only) The chart is forming a Triple Top structure near the upper resistance zone, showing clear rejection from the same level three times — a classic sign of supply pressure. 🔍 Key Observations Top 1 → Top 2 → Top 3: All three peaks rejected from the same zone Price is struggling to sustain above ₹1040 Breakdown projection points toward a possible move toward ₹970–980 zone Candles hovering around the 50 EMA, showing indecision Momentum indicators turning mildly bearish 🎯 Edu Levels Resistance: ₹1040 Support: ₹1005 / ₹970 Triple Top Breakdown Target Zone: ~₹970 📈 Summary A triple-top generally signals exhaustion in the uptrend. Unless price gives a strong breakout above ₹1040, risk of correction remains open toward the lower zone. ⚠️ Purely for learning & charting education. — AALGO BREATHS