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LAURUSLABSMARKET OUTLOOKSTOCK OUTLOOK

Laurus Labs Outlook for the Week (August 07, 2023 – August 11, 2023)

Laurus Labs closed the previous week on a negative note losing 15.30%.

Technically, Laurus Labs share price will see immediate support at 352.80 and immediate resistance would be seen at 413.15.

If Laurus Labs share price closes below immediate support of 352.80, then sharp breakdown can be seen. Laurus Labs share price will see major support at 313.30 for the week.

On the positive side, immediate resistance will be seen at 413.15. Closing above 413.15, Laurus Labs share price will see a sharp breakout. Major resistance for Laurus Labs share price will be seen at 434.00 for the week.

Trading range for Laurus Labs share price for this week should be between 292.45 on down side and 473.50 on up side.

Laurus Labs Previous Week High: 394.5

Laurus Labs Previous Week Low: 334.15

Laurus Labs Previous Week Range: 60.35 Points

Laurus Labs share price support and resistance for the week (August 07, 2023 – August 11, 2023)

Level Type Value
Resistance 3 473.50
Resistance 2 434.00
Resistance 1 413.15
Support 1 352.80
Support 2 313.30
Support 3 292.45

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