LAURUSLABS | Cup and Handle | Weekly | Breakout

### 📈 **Weekly Chart Overview:**

✅ **Cup and Handle breakout pattern**

* **Cup base:** ₹278.85
* **Resistance breakout:** ₹644.85
* **Current price:** ₹676.45 (+5.36% move)
* **Measured move target:** ₹1,003.50 (approx. 56–57% projected upside).

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### 📊 **Key Chart Signals:**

* **Cup and Handle formation:** Clear bottom rounding out and handle consolidation breakout above ₹644.85.
* **Volume spike** near breakout confirms buying strength.
* **RSI:** Just breaking out of a long-term descending trendline, hinting at fresh momentum.

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### 🔍 **Next Key Levels:**

* **Immediate resistance:** ₹700 zone (weekly highs)
* **Measured move target:** ₹1,003–1,005
* **Support zone:** ₹644–645 (handle breakout level).

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### 💡 **Key Takeaway:**

The **weekly Cup and Handle breakout** suggests **strong long-term momentum** for Laurus Labs, with a projected target near ₹1,000. It’s important to watch for **confirmation above ₹700**, which would further support the bullish move.