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2026-04-24 11:35:31 am | Source: Religare Broking Ltd
Stock of the day : Laurus Labs Ltd by Target Rs. 1200 - Religare Broking Ltd
Stock of the day : Laurus Labs Ltd by Target Rs. 1200 - Religare Broking Ltd

Laurus Labs Ltd

* LAURUSLABS exhibits a sustained upward trend, with prices consistently trading above key moving averages, indicating strong underlying momentum.

* The recent pullback appears corrective, finding support near short-term averages, subsequently negated by Thursday’s upward move, signaling demand at lower levels.

* The price structure reflects higher highs and higher lows, accompanied by increasing volume, reinforcing bullish sentiment.

* Investors may consider aligning positions with the prevailing upward trend.

Buy Laurus Labs Ltd CMP 1129 Range 1125-1130 SL 1090 Target 1200

 

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