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LUPIN LTD
Long
Aug 28, 2024
Lupin: Positional Trade Opportunity
0
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Sector Trend: The Pharma sector is showing a bullish trend, providing sectoral support to Lupin.
Technical Breakout: Lupin has broken above the significant resistance level of 2130, which has
been intact since 2015.
Volume Confirmation: Strong volume is accompanying the breakout, indicating robust buying interest.
Stop Loss: Set a stop loss at 2000 to manage risk.
Target: Aim for a positional trade with a target price of 3700.
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