L

LAURUSLABS.NSE

LAURUSLABS – 5 Min Chart Analysis

Short-term

Equities

27 days ago

• Clear breakout above ₹1050 resistance with strong volume expansion.
• Price holding comfortably above VWAP and 20 EMA: intraday trend intact.
• Higher highs + higher lows structure after breakout: continuation bias.
• RSI around 62: bullish momentum, not yet overbought.

As long as price sustains above ₹1050, dips toward EMA/VWAP can attract buyers.
Failure below ₹1050 may trigger short-term profit booking.

Trend remains bullish unless structure breaks.

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Posted by

MANJARI BALU

Moderator

27 days ago

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