LAURUSLABS - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 4.8

Here’s a comprehensive technical analysis of Laurus Labs Ltd (LAURUSLABS) based on current indicators and price behavior

📊 Trend Overview

Current Trend: Strong Bullish

Price Action: Trading well above both 50 DMA (₹742) and 200 DMA (₹619) — confirms robust uptrend.

52W Index (99.3%): Price is at its 52-week high (₹914), signaling breakout strength and trend continuation.

📈 Momentum Indicators

RSI (89.6): Extremely overbought — suggests strong momentum but also caution for short-term pullback.

MACD (45.3): Strongly positive — confirms bullish momentum and trend acceleration.

Volume: Slightly below 1-week average — may indicate mild exhaustion or pause in rally.

📉 Volatility & Bands

Bollinger Bands: Price likely at or above upper band — signals overextension and potential short-term resistance.

Volatility: High — price action is aggressive, typical of breakout phases.

📌 Support & Resistance Zones

Level Price (₹)

Immediate Support 880–900

Strong Support 820–850 (previous breakout zone)

Resistance 1 914 (current high)

Resistance 2 950–975

Resistance 3 1,000+ (psychological milestone)

🎯 Entry & Exit Zones

Optimal Entry: ₹880–₹910 (on minor pullbacks or consolidation)

Exit / Profit Booking: ₹950–₹1,000 (if price approaches extended resistance zones)

🔍 Short-Term Signals

Momentum: Very strong — RSI and MACD support bullish continuation.

Trendline: Price sharply above key averages — confirms breakout structure.

Consolidation: Unlikely in near term — stock is in breakout mode, but watch for profit booking near ₹914.

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