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LAURUSLABSMARKET OUTLOOKSTOCK OUTLOOK

Laurus Labs Outlook for the Week (January 01, 2024 – January 05, 2024)

Laurus Labs
Laurus Labs
Laurus Labs closed the previous week on a negative note losing 5.22%.

Technically, Laurus Labs share price will see immediate support at 417.78 and immediate resistance would be seen at 440.68.

If Laurus Labs share price closes below immediate support of 417.78, then sharp breakdown can be seen. Laurus Labs share price will see major support at 405.37 for the week.

On the positive side, immediate resistance will be seen at 440.68. Closing above 440.68, Laurus Labs share price will see a sharp breakout. Major resistance for Laurus Labs share price will be seen at 451.17 for the week.

Trading range for Laurus Labs share price for this week should be between 394.88 on down side and 463.58 on up side.

Laurus Labs Previous Week High: 438.75

Laurus Labs Previous Week Low: 415.85

Laurus Labs Previous Week Range: 22.9 Points

Laurus Labs share price support and resistance for the week (January 01, 2024 – January 05, 2024)

Level Type Value
Resistance 3 463.58
Resistance 2 451.17
Resistance 1 440.68
Support 1 417.78
Support 2 405.37
Support 3 394.88
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