NeeteshJain

LUPIN - Bullish Flag Breakout

Long
NeeteshJain Updated   
BSE:LUPIN   LUPIN LTD.
It is been observed on the hourly chart that the price action breaks above the consolidating flag pattern indicating a bullish move ahead tomorrow.

Target: 1050

SL- 980
Trade active
Comment:
Now, building up momentum
Comment:
SL revised to 965 if it closes below it then it shall be a trend change.
Trade closed: stop reached
Comment:
If Lupin breaks above consolidation and 1010 levels then it shall further reach to the mentioned target of 1050 levels. #watchlist.


Thanks
Comment:
It did break above the consolidation and moving towards 1050.

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