Laurus Labs Ltd – Strong Bullish Breakout With Momentum
LAURUSLABS
The stock has resumed its uptrend after a healthy consolidation and is trading above key support levels with strong buying interest.
🔎 Technical Observations:
• Fresh breakout after consolidation
• Higher High–Higher Low structure intact
• Price trading above key moving averages
• Strong volume supporting the breakout
• Momentum indicators remain bullish
🔑 Key Levels:
• Support: ₹1,610 – ₹1,575
• Major Support: ₹1,530 – ₹1,485
• Resistance: ₹1,715 – ₹1,765
🚀 Upside Targets:
• ₹1,765
• ₹1,815
• ₹1,900+
📉 Risk:
A close below ₹1,575 may weaken the current bullish structure.
📈 Trading View:
👉 Trend remains positive while above support.
👉 Sustaining above ₹1,715 can trigger the next leg of the rally.
⚠️ For educational purposes only. Not a buy/sell recommendation.
— AALGO BREATHS 📊