Lupin has pierced the resistance line yesterday, and there is a clear breakout. One should initiate a long position when price is above the previous high, if closing above previous high with bullish candle gives us price confirmation also. Pattern will fail if close below the resistance line.
Lupin has given good flag breakout today. A weekly closing above 1700 will confirm the same. ATH should be minimum target once breakout is confirmed. Stock has been in a big bull run since 2023 and looks ready for newer ATH. Pharma stocks have risk of negative US FDA observations impacting the stock prices.
CMP : 1719 4 month range breakout sl 1640 t 1800-1840 my view is biased disclaimer: for educational purpose only. not a buy sell recommendation Market Cap ₹ 78,332 Cr. Current Price ₹ 1,719 High / Low ₹ 1,728 / 766 Stock P/E 41.0 Book Value ₹ 314 Dividend Yield 0.24 % ROCE 15.9 % ROE 14.3 % Face Value ₹ 2.00
Hey Family, there is a one more stock Which is showing a great opportunity and forming Rectangle or range bound Pattern in weekly and daily TF it's trying to breakout resistance zone, If Stock break's resistance zone then we can see a good move, let's see breakout sustain or not. After Breaking 4 months range, We can touch 2000-2100 level. Support/Stoploss can be...
📊 Script: CNXPHARMA (NIFTY PHARMA) Key highlights: 💡⚡ 📈 Nifty Pharma is retesting from its support level shown in chart. 📈 Pharma stocks can give good returns. 📈 One can go for Swing Trade into Pharma stocks. 📊 Script: CIPLA ⏱️ C.M.P 📑💰- 1414 🟢 Target 🎯🏆 - 1510 📊 Script: LUPIN ⏱️ C.M.P 📑💰- 1688 ONLY ABOVE 1700 🟢 Target 🎯🏆 - 1828 📊 Script:...
Nice expanding flat forming in this particular stock, can go long. Don't know about overall trend, its kind of moving upside. But if you go by monthly view, this whole thing is corrective in nature to previous monthly wave. you can never be sure about these kind of waves, they can go break previous monthly high even going slowly or sometimes they suddenly falls....
Follow the trend line. when ever price will be near trendline you can add your position . There are no down trend as i can see. If there is a panic selling above trendline just peramiding your position . Support: 1490 Consolidating area: 1490-1519 Good Stock For Long Term
DivisLab made a Proper HigherHigh and HIgherLow.,. Now its at Proper Higherlow,, look for Priceaction for Proper entry and Stoploss. There are two levels for Buying. Follow Risk Management.
stock has formed a cup and handle pattern. A sustained move above 1418 should be considered as a breakout. The measured target is coming in the range of 1455-1460.
Any who wants to add a quality stock in their demat can be go with LUPIN because lupin pharma share has been in very good strong upward momentum from the last 6 months and higher chances of that it will continue its upward journey .Because of the pattern of the share is like first go up and then go down , then again go up and then some downwoard moves , from last...
NSE:LUPIN Weekly Analysis for Long duration Trendline Breakout Sustained above 680 and become strong support Price action making HL HL structure.
Lupin looks good on MTF Plan your trade Chart is self explanatory
Lupin 15 min time frame technical analysis lupin chart analysis expecting up trend stock has faced 4 time resistance
AuroPharm is leading this up move in CNX Pharma. Potential target of 1300+ in 1-3 months.
Nifty Pharma has been consolidating since 9th August 2023 in a complex range-bound correction. It is now reading to head higher in a wave 5 circle. Today's strong move is possibly wave i of 5. Lupin, Aurobindo Pharma, and Glenmark are stronger sub-counters.
Dark Cloud Cover is a bearish reversal candlestick pattern where a down candle (typically black or red) opens above the close of the prior up candle (typically white or green), and then closes below the midpoint of the up candle. The pattern is significant as it shows a shift in the momentum from the upside to the downside. The pattern is created by an up candle...
Short Lupin below 1064, Target 1043 - 1045. Reason for trade Divergence in RSI and RSI is looking weak. On Weekly timeframe shooting star has formed at top of the trend. Please note, I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before taking trade. If you think this idea is use...
selling prize action momentum . today 80% chance selling in the stock . we trade with lower risk for higher profit