A new All time high for Laurus Labs - Bullish

continues to display a strong upward trajectory, with the stock making a fresh high around ₹1,898 and sustaining the broader sequence of higher highs and higher lows on the daily chart. The recent consolidation around ₹1,780–1,850 has resolved positively, with price again pushing above the previous swing high, indicating renewed buying interest and strength in the prevailing trend. The positive momentum reading is also supporting the price action, suggesting that buyers remain in control despite intermittent profit booking. The fresh high is technically significant because the stock is now trading in uncharted territory relative to the recent consolidation, reducing immediate overhead supply and allowing the trend to potentially extend further. As long as the stock holds above ₹1,800–1,780, the near-term structure remains bullish, while ₹1,850 can act as an immediate support on any shallow pullback. A sustained move above ₹1,900 could strengthen the breakout and potentially take the stock toward ₹2,000 and subsequently ₹2,100. The overall setup remains positive, with the recent new high indicating continuation rather than exhaustion at this stage.