LUPIN - Trend Reversal - Short
Updated
Hi Guys,
Please find our analysis for Lupin Ltd!!!
The Script has braked the Market Structure and Last line of defense of Uptrend and formed new Lower Low and Lower High which indicate the script has reversed his trend.
Hence, We can Short the Market -
Range of Short - 1182 - 1185
SL - 1193.70 ( Closes in Daily Time Frame)
Target 1- 1155.
Target 2 - 1135
Risk to Reward is: 1:2.30
Regards,
Thenali Views
Disclaimer: Kindly do your own analysis before executing the trade.
Please find our analysis for Lupin Ltd!!!
The Script has braked the Market Structure and Last line of defense of Uptrend and formed new Lower Low and Lower High which indicate the script has reversed his trend.
Hence, We can Short the Market -
Range of Short - 1182 - 1185
SL - 1193.70 ( Closes in Daily Time Frame)
Target 1- 1155.
Target 2 - 1135
Risk to Reward is: 1:2.30
Regards,
Thenali Views
Disclaimer: Kindly do your own analysis before executing the trade.
Trade closed: target reached
Target 1 reached....
Disclaimer
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