It has bounced from the crucial channel support and is bullish on all indicators.
Go Long above 1230 with the SL of 1198, Keep targets of 1239-1255-1280+
As per the weekly charts, HUDCO brokeout from the downward channel. Target & SL mentioned on the chart.
Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.
Lupin is the latest stock in the Pharma sector to have given a breakout at higher level.
The stock has broken the downward trendline of past 3 years !!
Good opportunity to go long for a first target of 1040 with a stop loss around 920 levels.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your ...
All Time Highs & Breakout Of The Wedge Pattern With Consolidation Form. So Keep The Eyes On This Trade
Stop Loss @ 1185 & Target In The Risk Reward Ratio Of 2:1.
Get Cautioned!!! Don't Buy AuroPharma At This Level Because It Above 70 RSI (means it is over brought now) So On Lower RSI Below 60 & Buy It Above 828.
Keep The target Of 880 & You can Also Move It When The Stock Price Breaks The Resistance At 883 Price Levels & Stop Loss Below 790 Would Be Better.
Keep Trading,
& Best Of Luck For The Next Trade!!!
![AUROPHARMA: AuroPharma Buying [Setup]](https://s3.tradingview.com/x/xwP62bez_mid.webp "AuroPharma Buying [Setup]")
