Lupin Ltd

1)One of the extremely well managed company in pharma-space which should be a part of our portfolio.
2)Aggressive expansions.
3)Excellent sales/growth/profit figures on YOY basis.
4)Manageable debt.

1)Critical support at 1420

CMP-1461(20th Feb'2017)
1st target-1510(2 months)
Long term target 1700-1800 (8-10 months)

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Pharmeceutical sector is going through lots of USFDA downgrades but the earnings and profit of this large cap bluechip are still intact.
My opinion is a BUY for long term and this stock can be accumulated for gains.

Targets intact for 12 months.

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