Einstein15

LUPIN Channel Breakout

NSE:LUPIN   LUPIN LTD
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LUPIN             is slowly making its turn to the upside, currently obeying the base of the channel to the very last point. Awaiting a breakdown/reversal
What is the possibility of it getting reversed/bounce?
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Einstein15 sausawan
@sausawan, 50-50 :D . The PINBAR looks good there. But i'll wait for it to give the confirmation.
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sausawan Einstein15
@Einstein15, Thanks Sir.. Actually have taken multiple lot of Dec 900 CE assuming its consolidating and making small rounding bottom.. But since then it fell from 846 to 827..
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Einstein15 sausawan
@sausawan, Yes, its rounding bottom, and every indicator on higher timeframes are oversold, so i think its at its base right now and will only move up in long term.
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