Ultimate_Trading_System

Lupin: going to make the 5th impulse wave

Long
NSE:LUPIN   LUPIN LTD
1. wave count spotted
2. wave 4 (3 wave correction) finished with a bullish divergence (23.6% of the extended wave 3)
3. high probable impulse wave 5
4. once it breaks out of the channel - confirmed

Weekly chart:
Trade closed: target reached: Booking a little earlier than the complete target because of some intraday bearish divergences!
Trade closed: target reached: 5th wave done!

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.