Signals, Powered By EquityPandit
Laurus Labs closed the previous week on a negative note losing 5.48%.
Technically, Laurus Labs share price will see immediate support at 424.97 and immediate resistance would be seen at 449.57.
If Laurus Labs share price closes below immediate support of 424.97, then sharp breakdown can be seen. Laurus Labs share price will see major support at 412.38 for the week.
On the positive side, immediate resistance will be seen at 449.57. Closing above 449.57, Laurus Labs share price will see a sharp breakout. Major resistance for Laurus Labs share price will be seen at 461.58 for the week.
Trading range for Laurus Labs share price for this week should be between 400.37 on down side and 474.17 on up side.
Laurus Labs Previous Week High: 449
Laurus Labs Previous Week Low: 424.4
Laurus Labs Previous Week Range: 24.6 Points
Laurus Labs share price support and resistance for the week (May 13, 2024 – May 17, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 474.17 |
| Resistance 2 | 461.58 |
| Resistance 1 | 449.57 |
| Support 1 | 424.97 |
| Support 2 | 412.38 |
| Support 3 | 400.37 |
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