 "The stock of Laurus Labs is in a secular uptrend and is placed above all its major moving averages on the daily chart")
BUY LIC HOUSING FIN | TARGET: Rs 500 | STOP LOSS: Rs 430
The stock is in the cycle of "higher highs-higher lows" and is strongly poised to test its 52-weeks high zone in the coming future. In the past couple of sessions, it has consolidated near the previous high, indicating strong hands accumulating the counter at higher levels and also witnessed a run-away gap on daily chart affirming the bullish trend. Even on the front of the indicators, MACD is comfortably placed above its signal-line and 14 period RSI has witnessed positive crossover re-affirming the stock to surge higher in
