praveen.bhatiya

Flag Breakout

Long
praveen.bhatiya Updated   
NSE:LUPIN   LUPIN LTD
Trend Reversal Case: The stock was in downtrend through out the bull run of Nifty it made only lower lows. It is trading above the trend line and seems to have reversing the trend. It has made a Flag pattern and closed above its boundary today. One can trade the stock now for a target of around 1000. Those interested in investing for medium/long term can also consider to have it for their portfolio.
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
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