LUPIN - 11 Year ATH level BO - Continuation possible?
Price Analysis & Overview:
1. Multiyear level BO.
2. Expecting some price to time consolidation before further move.
3. Trend is no doubt is super strong.
4. But price moving without retracement makes it risky to sustain the move.
5. I will wait for a better price to enter or a consolidation.
6. RRR is not very favourable at CMP.
Monthly TF view:
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. I share whatever I do. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
1. Multiyear level BO.
2. Expecting some price to time consolidation before further move.
3. Trend is no doubt is super strong.
4. But price moving without retracement makes it risky to sustain the move.
5. I will wait for a better price to enter or a consolidation.
6. RRR is not very favourable at CMP.
Monthly TF view:
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. I share whatever I do. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
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