praveen.bhatiya

Diamond Pattern LUPIN !

NSE:LUPIN   LUPIN LTD
Diamond pattern is relative rare pattern. It has not given the breakout out yet but one can put it into watch list and trade accordingly. Another possibility that exists right now is that it may go to touch other side of the pattern around(1520) so a 60-70 points points move is possible and thereafter another trade on breakout.
Trade closed: target reached: As mentioned took the profit if 70 points and closed the trade.