koolshanin

EWA LUPIN trade setup

Long
NSE:LUPIN   LUPIN LTD
Lupin after falling from highs is expected to complete ZZ correction with

WC =0.618WA near

Now the possibilities of lupin are
1. create complex correction with W as ZZ
2. Create Double ZZ
3. Create change in cycle.

now one minor cycle 1-2/1-b is expected to be completed in lupin.

cmp 1495
SL 1440
Target 1 1570
Target 2 1636
Reward min 75
Reward max 141
risk 55
ROR1 1.4
ROR2 2.6

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.