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LUPIN Near Breakout of Descending trendline for target of 1120+

Long
LUPIN LTD (NSE:LUPIN)  
TradZoo Updated   
NSE:LUPIN   LUPIN LTD
Trend Lines Parallel Channel Technical Indicators breakout priceaction LUPIN pharmaceuticals
28
3
trendline parallelchannel indicator breakout priceaction lupin pharmaceuticals
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+

Comment:
1085+ @1st target
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