rdkriplani

Lupin - Fresh breakout

NSE:LUPIN   LUPIN LTD
An old favourite of mine which i havebeen pyramiding since much lower levels and will continue to do so is on the verge of a fresh breakout.
With the USFDA now in India we can hope to see more activity on approval of their manufacturing units in the next couple months.

Long at CMP with doubling up above 1120. SL below 1050.
Above 1120 there is a beautiful C&H breakout which could happen too.

First target 1200.

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