LUPIN Weekly Elliot Wave Analysis
The Corona Virus has provided some tremendous rallies in the healthcare and bio science sectors.
LUPIN,is one of those names that has gone parabolic with the COVID-19 spreading worldwide. It still remains very technical, and I think there could be more upside potential till 1106.45 level.
Lupin Limited is a multinational pharmaceutical company based in Mumbai, Maharashtra, India. It is the 12th-largest company by market capitalization, and the eighth-largest generic pharmaceutical company by revenue globally.
Right now, we have completed bigger wave structure within the (c) blue, The Rally has already been started @ 566.25 level.
The alternate view is that price will turn higher soon into the 1000 to 1106 area. Afterwards, it resumes lower again to complete the correction Phase as ABC or ABCDE pattern.
The Elliott Wave Theory is calling Lupin higher.
LONG VIEW
LUPIN
The Corona Virus has provided some tremendous rallies in the healthcare and bio science sectors.
LUPIN,is one of those names that has gone parabolic with the COVID-19 spreading worldwide. It still remains very technical, and I think there could be more upside potential till 1106.45 level.
Lupin Limited is a multinational pharmaceutical company based in Mumbai, Maharashtra, India. It is the 12th-largest company by market capitalization, and the eighth-largest generic pharmaceutical company by revenue globally.
Right now, we have completed bigger wave structure within the (c) blue, The Rally has already been started @ 566.25 level.
The alternate view is that price will turn higher soon into the 1000 to 1106 area. Afterwards, it resumes lower again to complete the correction Phase as ABC or ABCDE pattern.
The Elliott Wave Theory is calling Lupin higher.
LONG VIEW
LUPIN
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