Lupin flirting with long-held hurdle, eyes four figures
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Lupin surged 20 percent last week. Price rise was backed by highest trading volume since August 2018. The high volume rally looks to have legs Prices are flaring with the long-held the 100-week moving average at Rs.790. Acceptance higher looks likely and could be followed by a rise above Rs. 1,000.
Buy at CMP or dips for target of 1,000 with tight stop loss.
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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.