Laurus Labs - Can Business bring laurels to Investors?

[StageInvesting]

StageInvesting +Elliot Waves

Laurus Lab CMP 314 From Elliot waves prespective. We start with quarterly chart to take a bird eye view (for long term). It is clearly in C part of wave 2 and currently at an important support zone -61.8% of retracement of whole rise and a previous resistance level that has become support now. It might hold and bounce from here, but we doubt that it might not be sustainable. We would come to the reason of our doubt when we show the weekly chart. Quarterly Chart [LAURUSLABS_2023-03-02_…

We have tried to analyse the wave structure.