Laurus Labs Weekly Outlook and Analysis:
For the Week: (July 31, 2023 – August 04, 2023)
Laurus Labs closed the previous week on a negative note losing 6.91%
Technically, Laurus Labs share price will see immediate support at 326.47 and immediate resistance would be seen at 350.82
If Laurus Labs share price closes below immediate support of 326.47, then sharp breakdown can be seen. Laurus Labs share price will see major support at 315.13 for the week.
On the positive side, immediate resistance will be seen at 350.82. Closing above 350.82, Laurus Labs share price will see a sharp breakout. Major resistance for Laurus Labs share price will be seen at 363.83 for the week.
Trading range for Laurus Labs share price for this week should be between 302.12 on down side and 375.17 on up side.
Laurus Labs Previous Week High: 352.5
Laurus Labs Previous Week Low: 328.15
Laurus Labs Previous Week Range: 24.35 Points
Laurus Labs share price support and resistance for the week (July 31, 2023 – August 04, 2023)
Level Type | Value |
---|---|
Resistance 3 | 375.17 |
Resistance 2 | 363.83 |
Resistance 1 | 350.82 |
Support 1 | 326.47 |
Support 2 | 315.13 |
Support 3 | 302.12 |