TradersVenue
Long

Buy Lupin Positional (Shortterm)

NSE:LUPIN   LUPIN LTD
Good to buy Lupin positional for a target of 788/794/806/812. Outlook 1 week to 1 month. Further upmove is possible once stock trades above 800 levels. Stoploss 750 on closing basis. It has taken support near 753 levels which is its long term support and bounced back. Closing below 750 stock may test 726 levels.
Comment: Disclaimer: Objective of this post is to educate and help all members earn profit from trading. I am not a SEBI registered analyst and strongly recommend people not to trade in NSE/BSE/MCX market basis above recommendations. All the stock picks are momentum picks chosen using technical indicators and for education purpose only. I am not responsible for profit and losses or SEBI audits arising out of the above calls. Stock market trading and investment is subject to market risks. Contact your financial advisor before taking trades or trade at your own risk.
Comment: First two targets 788/794 already met.
Comment: Almost touched 803.5. Just 3 rupee away from 3rd target.
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