kalyanganguly

Lupin - Hammer at 21 EMA

Long
NSE:LUPIN   LUPIN LTD
Note: This is for educational purpose only.

There seems to be a pre-tested dynamic support at 21 EMA . 21 EMA above 55 EMA indicates short term uptrend. The only downside is that the slope of 21 EMA and 55 EMA is not too bullish . RSI nearing 60 indicates bullish momentum. Moreover, there seems to be a RSI trendline bullish breakout.

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