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CA Omkar Bhutada - SEBI Reg IA

2nd Jul 2025 Β· SEBI-Registered Analyst

πŸ§ͺ Laurus Labs: Cup Breakout With 50% Upside Brewing β˜•πŸ“ˆ

LAURUSLABS
After nearly 3 years of consolidation and forming a perfect Cup & Handle pattern, Laurus Labs has finally broken out past β‚Ή690 β€” a major resistance β€” with strong volume and momentum. 🧬 Technical Snapshot: βœ… Cup & Handle breakout on the weekly chart πŸ“ˆ Target: β‚Ή1,050 (projected 48.7% upside) πŸ”΅ Breakout above major resistance at β‚Ή690 πŸ“Š Strong base built between β‚Ή350–₹690 over 3 years πŸ§ͺ Why Laurus Labs? πŸ’Š Leader in APIs, CDMO, and biotech R&D 🌍 Strategic expansion in US, EU, and global markets πŸ”¬ Big beneficiary of India’s pharma PLI push & innovation-led outsourcing πŸš€ What it Means for Investors: This is not just a breakout β€” it’s technicals and fundamentals aligning. After a long time in hibernation, Laurus Labs might just be entering its next growth phase. πŸ’¬ β€œWhen long bases break with volume, trends are born.”

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