LAURUSLAB LTD
The stock earlier registered decisive breakout from long Multi-month price pattern with supportive volumes.
Post, that price rally a bit and then saw profit booking at higher level.
Now, stock has dropped back near breakout levels which shall now act strong support.
Price action and oscillator positioning indicates support likely to hold price may resume its prior upmove going forward.
View holds true till price does not close below mentioned support.
Keep on #radar
#Pharma #nifty #TradingView #investing #bullish #view
 |
| LaurusLab Weekly chart |
If u enjoyed reading and like the post kindly follow my blog and also can join me on Twitter handle : @Rohanshah619
