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LAURUSLABSMARKET OUTLOOKSTOCK OUTLOOK

Laurus Labs Outlook for the Week (August 21, 2023 – August 25, 2023)

Laurus Labs
Laurus Labs
Laurus Labs closed the previous week on a negative note losing 4.09%.

Technically, Laurus Labs share price will see immediate support at 375.22 and immediate resistance would be seen at 391.37.

If Laurus Labs share price closes below immediate support of 375.22, then sharp breakdown can be seen. Laurus Labs share price will see major support at 369.08 for the week.

On the positive side, immediate resistance will be seen at 391.37. Closing above 391.37, Laurus Labs share price will see a sharp breakout. Major resistance for Laurus Labs share price will be seen at 401.38 for the week.

Trading range for Laurus Labs share price for this week should be between 359.07 on down side and 407.52 on up side.

Laurus Labs Previous Week High: 395.25

Laurus Labs Previous Week Low: 379.1

Laurus Labs Previous Week Range: 16.15 Points

Laurus Labs share price support and resistance for the week (August 21, 2023 – August 25, 2023)

Level Type Value
Resistance 3 407.52
Resistance 2 401.38
Resistance 1 391.37
Support 1 375.22
Support 2 369.08
Support 3 359.07

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