arunprashanth888

Lupin uptrend to sideways

Long
NSE:LUPIN   LUPIN LTD
Lupin has done Very good correction in this month but the chart looks high slope for downtrend which could sustain as it need to satisfy the
demand and supply . Now its in perfect place for retracement can retrace upto around 975

Golden opportunity for swing trade 2-3 days will do it but followed by strict stoploss

Take position only after getting buy indication form MACD indication in 1 Hr time frame signal

stoploss below todays low 914 ( never take loss more than 1%)

target = > 3.5 % + (idle 3.5%)
# Don't Greed more than this as to go uptrend it need to form "W" pattern so Dont take risk of expecting more






Comments