After an 11-day rally with 20% gains, Laurus Labs may face short-term profit booking, says analyst Anupam Bajpai. The stock's RSI at 83 signals overbought conditions, while candlesticks outside Bollinger Bands indicate overextension. A pullback to the 20-day moving average (20-DMA) could offer a healthier entry point.
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04:01 pm on
07 Jul