LUPIN Near Breakout of Descending trendline for target of 1120+
Since last 2-3 month trading sessions its creating descending trendline pattern. Stochastic RSI showing strong bullish crossover near the resistance line. So, Expected It will break out of downward trend in coming trading session. Once breakout and it's trading above 990 then it will go to 1085 to 1120 target soon.
Possible Trade:
Buy LUPIN Above 990
Stop-loss 930
Target 1085 1120+
Possible Trade:
Buy LUPIN Above 990
Stop-loss 930
Target 1085 1120+
Note
1085+ @1st target
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.