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Flag pattern on daily basis
LUPIN LTD
Long
Flag pattern on daily basis
By ajaykumarchauhaan
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Jul 28
3
Jul 28
Lupin can continue its move upward once break 1455.
On chart we can observer Flag pattern.
Strong Bullish move expected.
Vision: short term
Aug 11
Note
Lupin is now trading near its previous high of April, 15.
This is can work as accumulation zone or small pull back.
Why I don't expect reversal?
RSI is more than 60 on all timeframe(Daily, Weekly, Monthly) which indicates strong Bullish trend.
Chart Patterns
FLAG
flagformation
Trend Analysis
ajaykumarchauhaan
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