On Weekly & daily chart Lupin stock is in uptrend & forming the higher highs. As marked in the charts ATP formation now after the BO level of the trend line above the level of 992 we can take the long entry for the next target price of 1031 with the SL of 975. RSI level is also showing the bullish mode. Earlier BO level above the 935 is given with the very strong move. So add the stock in your watch list to see the price action movement of the stock.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.