Signals, Powered By EquityPandit
Laurus Labs closed the previous week on a negative note losing 3.88%.
Technically, Laurus Labs share price will see immediate support at 395.05 and immediate resistance would be seen at 410.90.
If Laurus Labs share price closes below immediate support of 395.05, then sharp breakdown can be seen. Laurus Labs share price will see major support at 386.10 for the week.
On the positive side, immediate resistance will be seen at 410.90. Closing above 410.90, Laurus Labs share price will see a sharp breakout. Major resistance for Laurus Labs share price will be seen at 417.80 for the week.
Trading range for Laurus Labs share price for this week should be between 379.20 on down side and 426.75 on up side.
Laurus Labs Previous Week High: 408.85
Laurus Labs Previous Week Low: 393
Laurus Labs Previous Week Range: 15.85 Points
Laurus Labs share price support and resistance for the week (October 16, 2023 – October 20, 2023)
| Level Type | Value |
|---|---|
| Resistance 3 | 426.75 |
| Resistance 2 | 417.80 |
| Resistance 1 | 410.90 |
| Support 1 | 395.05 |
| Support 2 | 386.10 |
| Support 3 | 379.20 |
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