Cup & handle formation and also can test next resistance on Trend line @ 870-875 after getting support of bottom trend line @ 800
Target 870,900,920 sl 800
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Crossed the hurdle of 200 DMA, now can move
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high made 851....
Trade closed: target reached
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first target reached @870, high made 882...book 70% and hold remaining with revised sl of 865..
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High made 917 (near Second target) also almost reached. Hold without worries as positional view if anybody has with revised TSL of 891 for target of 920,950
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Wow Lupin high made 926.45...Power of chart....Technical does not change overnight...Hence advised to hold on even after temporary negative news (low made 880) of being taking out it from Nifty...Enjoy the ride...Hold for short term targets....I am very bullish on Lupin. My ultimate positional targets are 1050,1150,1400..no stop loss
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Lupin high made 957.90....again 2% up...Enjoy & continue to hold for ultimate targets...sl could be revised to 920 now
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Lupin medium term target still intact..recovered sharply from the latest low made...hold for unbelievable gain