SELL LUPIN@ 806 SL:824 TGT1:755 TGT2:709

Feb 6, 2018

LUPIN lost 5.6% today on NSE with close to three times its average volumes making it a good SELL @ 806 with SL of 824 and Target 1 of 755 and Target 2 of 709.

Feb 7, 2018

Note

Inspite of positive news today on LUPIN. Stock couldn't close above our buy resistance of 806.25
Although there are FRESH LONG positions on LUPIN, Options data shows a stable PCR Indicating a possible downtrend continuation
Hold LUPIN SELL Position today with SL of 824.

Feb 8, 2018

Trade active

Trade is Active. Wait for Target. And keep Stop-loss on CLOSING BASIS Only.
Exit stock only if its closing above stop-loss level, and wait for Target

Feb 12, 2018

Note

Last Closed price at 822.5 which is lower tt

Feb 12, 2018

Trade closed: stop reached

Stoploss hit in Lupin. Exit the stock.