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LUPIN

Lupin Breakout: A New Highs Journey Begins!Hello everyone, i hope you all will be doing good in your life and your trading as well. Today i have a Lupin stock which has caught the market's attention with a powerful breakout from its resistance zone. Backed by increasing volume and bullish momentum, this pharmaceutical giant is showing signs of a potential rally. Let's dive into the chart to explore the opportunities. 1. Chart Overview The chart appears to be for LUPIN LTD on a daily timeframe (1D). The key focus is on price action with clearly defined support and resistance zones. Indicators used include the RSI (Relative Strength Index) at the bottom of the chart. The price is currently trading at ₹2,311.35, up by +3.75% for the day. 2. Key Levels Highlighted Support Zone (Grey Band) The support zone is marked around the ₹2,000–₹2,100 level, acting as a base where buyers consistently step in. The price bounced off this zone multiple times, confirming its strength. Resistance Zone (Grey Band) The resistance zone is marked around ₹2,300–₹2,350, where sellers have historically prevented price from moving higher. The recent breakout indicates strong bullish momentum. Stop Loss (₹2,222) A stop loss is suggested at ₹2,222, slightly below the resistance zone. This is to manage risk in case the breakout fails and the price reverses. Targets 1st Target: ₹2,490 : This is a realistic level based on previous price action and the measured move. 2nd Target: ₹2,678: This is a more optimistic target if the price continues its uptrend. 3. Price Action Breakout: The price has broken above the resistance zone with strong bullish momentum, as seen by the large green candle and increased volume. This breakout suggests a potential continuation of the uptrend. 4. Volume Analysis Volume Surge: There is a noticeable increase in volume during the breakout, indicating strong buying interest. Volume confirmation is a good sign that the breakout is genuine. 5. RSI Analysis Current RSI: 71.94 The RSI is above 70, indicating an overbought condition. While this signals strong momentum, it may also suggest caution as a short-term pullback is possible. Previous Bearish Divergences: Marked in red, showing past instances where the RSI was high but price reversed. Bullish Confirmation: Marked in green, showing that RSI and price are aligned with the current uptrend. 6. What Does This Mean? The breakout above resistance indicates a potential shift in market sentiment, favoring buyers. The targets suggest significant upside potential, but the RSI warns of possible short-term profit booking. 7. Possible Outcomes Bullish Scenario: If the price holds above the resistance zone and sustains higher levels, it could move towards the 1st and 2nd targets. Bearish Scenario: If the price closes below ₹2,222 (stop loss), it may revisit the support zone around ₹2,000–₹2,100. 8. Suggested Actions Entry: On sustained breakout above ₹2,311 (current level). Stop Loss: Strictly at ₹2,222 to minimize losses. Profit Booking: Gradual booking at ₹2,490 and ₹2,678. Lupin has broken out of its resistance zone with strong momentum, signaling a potential uptrend. With solid fundamentals and technical confirmation, the stock looks poised for higher levels. Keep an eye on the targets and manage your risk with the defined stop-loss. Happy Trading! Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.
NSE:LUPINLong
by TraderRahulPal
Lupin Ltd: Technical Analysis - December 2024Lupin Ltd (NSE: LUPIN) has displayed an impressive uptrend throughout 2024, supported by a strong ascending trendline (yellow). The stock has experienced healthy corrections along the way, forming a well-defined channel (blue) during its recent consolidation phase. Let’s break it down: Key Observations: Uptrend Continuation: The broader trend remains bullish, with the stock bouncing off the lower boundary of the channel and showing signs of a potential breakout above the resistance. Channel Pattern: A descending channel formation suggests a corrective move within the larger uptrend. The breakout towards the upper end of this channel indicates renewed buying interest. Support & Resistance Levels: Key Support: ₹1,697.50 (red horizontal line), which aligns with a previous demand zone. Immediate Resistance: ₹2,200 - ₹2,250, marking the channel breakout zone. Outlook: A sustained move above ₹2,200 could trigger a new leg of the rally, targeting ₹2,400 and beyond. On the downside, ₹1,900 and ₹1,697.50 will act as crucial supports in case of a pullback. Trading Strategy: Bullish Bias: Buy on dips near ₹2,100-₹2,150 with a stop-loss at ₹1,900. Breakout Play: Enter on a decisive close above ₹2,200 for potential upside. This technical setup provides a promising outlook for Lupin, making it a stock to watch in early 2025.
NSE:LUPINLong
by ayusharya_001
Lupin Stock Analysis: Strong Fundamentals & Bullish setup.FUNDAMENTALS & TECHNICAL ANALYSIS ⬇️⬇️ Fundamental Analysis: 1. Earnings per Share (EPS): • Q3 2024 EPS estimate is 17.29 INR, and the reported values for the prior quarters (Q4 ’23, Q1 ’24, Q2 ’24) have consistently beaten estimates with surprises ranging from 11.08% to 41.55%. • This indicates strong financial performance and the company’s ability to exceed market expectations. 2. Revenue: • Reported revenue for Q1 ’24 and Q2 ’24 surpassed estimates with 5.37% and 2.38% surprises, respectively. • The company is expected to generate 56.45B INR in revenue for Q3 ’24. This suggests consistent growth, which is a positive indicator for long-term investors. 3. Conclusion from Fundamentals: • Strong EPS growth and consistent revenue beats show that the company is performing well financially. • With upcoming reports due in February 2025, further positive earnings surprises could lead to upward momentum. Technical Analysis 1. Current Price Action: • The stock is trading near 2,140 INR, approaching key fair value gaps (FVG) at 2,150 INR (1D FVG) and 2,273.45 INR (higher target zone). 2. Support & Resistance: • Major support zone is near 1,985.90 INR (Daily Low). • Resistance zones lie at 2,218.30 INR, 2,273.45 INR, and the Daily High of 2,313.20 INR. 3. Market Structure: • There is a change of character (Choch) on the chart, suggesting potential bullishness if it sustains above 2,150 INR. • The stock may consolidate slightly before moving towards the higher resistance zones. 4. Short-term Prediction: • Likely to test 2,273.45 INR in the near term if the bullish structure holds. • A break below 1,985.90 INR would invalidate the bullish setup. Conclusion: • Investment Decision: • Buy: Based on strong fundamentals (earnings and revenue growth) and a bullish technical structure, the stock looks promising for swing trading or medium-term investing. • Entry Point: Around 2,140-2,150 INR, aligning with the technical FVG and support zones. • Target: 2,273.45 INR (short-term) and 2,313.20 INR (medium-term). • Stop Loss: Below 1,985.90 INR to manage risk in case the bullish structure fails. DISCLAIMER ▶️ THIS IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE DO YOUR OWN RESEARCH BEFORE INVESTING
NSE:LUPINLong
by Trade_lyst
Missed Bearish Cypher patternWhile XAB clearly adhered to rules of Bearish Cypher pattern, BC did not hit inverse fib ratio 1.272 of AB. Observations 1. The price precisely touched 0.236 Fib level and bounced back. 2. The retracement level drawn from X to C, the price closed above 0.382 Fib level at 2,076.75 which makes it a key support level. Bullish Breakout on daily level. Double bottom formed. EMA crossed over SMA RSI near 50 Fundamentally good stock. OBV (On-Balance Volume at 1.03B) significant volume flow. CMF is at 0.11 (Modestly positive showing accumulation and bullish behaviour) Price pullback to close above 0.382 Fib level. Bearish If downward channel at Daily timeframe is adjusted to include point D. LIC's equity stake in Lupin now stands at 2.542%, down from the previous 4.569%. Takeaway SHORT IF: The price does not gain momentum and breaks below 2,076 and 2,041 LONG IF: The price closes above 2,102.25 with significant volume.
NSE:LUPIN
by ajaybandi
4
LUPIN - Symmetrical Triangle - Breakout -Daily The chart for **Lupin Ltd.** shows a **Bullish Ascending Triangle** pattern, a continuation formation that often leads to a breakout to the upside. Below is a comprehensive breakdown of both the technical and fundamental analysis for Lupin Ltd. ### **Technical Analysis:** 1. **Symmetrical Triangle Pattern**: - The stock price formed an **Symmetrical triangle** where the resistance level near **2,298.00 INR** was tested multiple times, while the lows were rising, creating higher lows over time. - The breakout above the upper trendline occurred with a solid move, confirmed by a spike in volume, which validates the breakout. 2. **Volume**: - Volume shows a notable increase during the breakout phase, which suggests strong buying interest. This volume confirmation adds weight to the strength of the breakout. - Periods of low volume within the triangle indicate consolidation, which is typical before an upward breakout. 3. **Price Targets**: - The height of the triangle is approximately **189.70 INR**, which projects a possible price target of around **2,427.50 INR**. - This target aligns with a resistance level and acts as the next logical area where sellers might emerge. - The stock has already moved up **3.12%** today, signaling bullish momentum that could take the price toward this target. 4. **Support Levels**: - **2,221.55 INR** is the lower bound of the triangle and acts as the nearest support level. 5. **Box Ranges**: - The chart also displays a series of rectangular box ranges during previous consolidations. The stock repeatedly consolidated in tight ranges before breaking out to new highs, showing a stair-stepping behavior indicative of a strong uptrend. 6. **Risk Management**: - A stop-loss can be placed below **2,221.55 INR**, the previous support level, to manage risk in case of a false breakout. ### **Fundamental Analysis**: 1. **Company Overview**: - **Lupin Ltd.** is one of the major pharmaceutical companies in India, with a strong presence in global markets. The company specializes in branded and generic formulations as well as Active Pharmaceutical Ingredients (APIs). - Lupin's product portfolio is well-diversified across therapeutic areas, including cardiovascular, diabetes, asthma, and infectious diseases. 2. **Financial Health**: - Lupin has seen improving revenues, supported by both domestic and international sales. Recent financial reports indicated strong earnings growth due to increasing market share in the U.S. and other global markets. - The company’s **EBITDA margin** has improved, reflecting better cost management and operational efficiencies. 3. **Sector Outlook**: - The pharmaceutical sector, especially in India, is expected to grow due to rising healthcare demand and increasing global supply chain integration. - Lupin benefits from India's position as a leading producer of generic drugs, which should contribute to sustained revenue growth in the coming years. 4. **Recent Developments**: - Lupin's recent investments in R&D and the launch of new drugs in the U.S. market have bolstered investor confidence. The company's focus on launching niche drugs with limited competition has allowed it to command higher margins. - Regulatory approval of several key drugs in the U.S. and Europe is expected to drive future growth, enhancing the company's global footprint. 5. **Valuation**: - Lupin's stock trades at a reasonable **P/E ratio** compared to its peers, making it an attractive investment in the pharmaceutical space. Given its growth prospects, the current valuation might still offer upside potential. ### **Conclusion**: - **Technical Outlook**: The ascending triangle breakout indicates a bullish setup with a potential price target of **2,427.50 INR**. The stock is in a strong uptrend, as confirmed by the breakout and volume. - **Fundamental Outlook**: Lupin Ltd. is well-positioned for growth with improving financial performance, a robust product portfolio, and expansion into global markets. The company's future prospects, combined with favorable sector dynamics, make it a solid long-term investment. As with any stock, managing risk with appropriate stop-loss levels is crucial, particularly around the key support levels.
NSE:LUPINLong
by VCharts_TA
Multiyear Rounding Bottom Breakout RetestingNSE:LUPIN is currently retesting Multiyear breakout, it can also form a cup and handle pattern if it comes down near accumulation and then breakouts on the upperside. 2140 Will Key level on the Upside to break, and 1720 - 1900 will be a good accumulation zone. Keep on Watch. Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:LUPINLong
by Karanshah137
LUPIN - 11 Year ATH level BO - Continuation possible?Price Analysis & Overview: 1. Multiyear level BO. 2. Expecting some price to time consolidation before further move. 3. Trend is no doubt is super strong. 4. But price moving without retracement makes it risky to sustain the move. 5. I will wait for a better price to enter or a consolidation. 6. RRR is not very favourable at CMP. Monthly TF view: - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. I share whatever I do. Please, do your due diligence before investing. Thanks & Regards, Anubrata Ray
NSE:LUPINLong
by SuperNova396
Stock Market Analysis Report: Lupin Limited (NSE: LUPIN) Introduction Greetings, traders! If you're looking for a pharmaceutical stock that might just cure your portfolio blues, look no further than Lupin Limited. This stock is brewing up an interesting pattern that’s worth a closer look. Let’s dive into the technical details and see what’s in store! Price Action Overview Chart Analysis Current Price: ₹1,759.30 Daily High: ₹1,767.00 Daily Low: ₹1,598.25 Volume: 10.039M Key Technical Indicators Bearish Gartley Pattern: The chart reveals a bearish Gartley pattern, suggesting a potential reversal. Rectangle Pattern with Potential False Breakout: The price is within a rectangle pattern, hinting at a potential false breakout. Decreasing Volume: The volume is on a decline, which could signal weakening momentum. Detailed Analysis Bearish Gartley Pattern Formation: The Bearish Gartley pattern, marked by points X, A, B, C, and D, indicates a potential reversal from the current uptrend. Implications: This pattern suggests that the stock might face resistance at the current levels and could potentially see a pullback. Rectangle Pattern with Potential False Breakout Rectangle Pattern: The stock price is trading within a rectangle pattern, showing consolidation between support and resistance levels. False Breakout: The current breakout might be a false one, as indicated by the rectangle pattern and the resistance at point D. Decreasing Volume Volume Trend: The decreasing volume trend suggests that the current upward momentum might be losing steam. Significance: Lower volume during a breakout can indicate a lack of strong buying interest, increasing the chances of a reversal. Price Targets and Support Levels Immediate Resistance: ₹1,800.00 - This is the next resistance level to watch closely. Support Levels: Primary Support: ₹1,600.00 - A key level to maintain for bullish sentiment. Secondary Support: ₹1,400.00 - A more conservative support level aligning with previous consolidation areas. 💊📉 Conclusion Lupin Limited is showing a bearish Gartley pattern with a potential false breakout within a rectangle pattern. The decreasing volume adds caution to the current bullish momentum. Keep an eye on the resistance level at ₹1,800.00 and monitor the volume to gauge the strength of the current trend. Happy trading, and may your portfolio stay healthy and robust! 🌿💰 Disclaimer This analysis is based on historical data and chart patterns. Always do your own research and consider your risk tolerance before making any investment decisions.
NSE:LUPIN
by TRADING-NASA
LUPIN - Ichimoku Breakout📈 Stock Name - Lupin Limited 🌐 Ichimoku Cloud Setup: 1️⃣ Today's close is above the Conversion Line. 2️⃣ Future Kumo is Turning Bullish. 3️⃣ Chikou span is slanting upwards. All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 1760. 🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market. #CloudTrading #IchimokuCloud #IchimokuFollowers #Ichimokuexpert Excited about this analysis? Share your thoughts in the comments below! 👍 Like, Share, and Subscribe for daily market insights! 🚀 #StockAnalysis #MarketWatch #TradingEducation #ichimoku #midcap #smallcap #LUPIN
NSE:LUPINLong
by nikunjbhadja
Lupin Near Range BreakoutHey Family, there is a one more stock Which is showing a great opportunity and forming Rectangle or range bound Pattern in weekly and daily TF it's trying to breakout resistance zone, If Stock break's resistance zone then we can see a good move, let's see breakout sustain or not. After Breaking 4 months range, We can touch 2000-2100 level. Support/Stoploss can be 1500-1541. What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
NSE:LUPIN
by ChartSight
CNXPHARMA - Trend Reversal📊 Script: CNXPHARMA (NIFTY PHARMA) Key highlights: 💡⚡ 📈 Nifty Pharma is retesting from its support level shown in chart. 📈 Pharma stocks can give good returns. 📈 One can go for Swing Trade into Pharma stocks. 📊 Script: CIPLA ⏱️ C.M.P 📑💰- 1414 🟢 Target 🎯🏆 - 1510 📊 Script: LUPIN ⏱️ C.M.P 📑💰- 1688 ONLY ABOVE 1700 🟢 Target 🎯🏆 - 1828 📊 Script: AUROPHARMA ⏱️ C.M.P 📑💰- 1177 🟢 Target 🎯🏆 - 1267 📊 Script: GLAND ⏱️ C.M.P 📑💰- 1177 🟢 Target 🎯🏆 - 1267 📊 Script: BIOCON ⏱️ C.M.P 📑💰- 1177 🟢 Target 🎯🏆 - 1267 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:CNXPHARMALong
by radha_23
Long TRADE in LUPIN PHARMA Any who wants to add a quality stock in their demat can be go with LUPIN because lupin pharma share has been in very good strong upward momentum from the last 6 months and higher chances of that it will continue its upward journey .Because of the pattern of the share is like first go up and then go down , then again go up and then some downwoard moves , from last almost 1to2 months this process can be shown in charts also , and you can also see very well , so anyone who wants to outshine their portfolio can add this at their own risk management , at now level lupin share has favourable risk reward ratio , in all my ideas published in the trading view has a almost target of the 3 to 4 percent , after 3 to 4 percent target achieved my target is done.3to4 percent counts on current price which is shown in chart as well , so from my side this is good bet previously i shared ANANT RAJ in which almost 3 percent target is DONE AND DUSTED , and IMPORTANT NOTICE:-In my observation and analysis this share has can move without any market support , this share has countinuesly outperform market when our market are flat or consolidating between the area .WAITING TIME is almost 10 to 15 days holding period and , stop loss is nearly 1.5 percent of the current share price as shown in the charts ,, so anyone who can love pharma sector can go with this share with their risk capacity. in my observation this share can start upward journey soon , and yes this share can go up slow as seev in previous chart so dont go for very quick or fast move , this share headed upward slowly slowly . in my experience when a small fall occurs this share fill the fall within 5to6 days like slow and steady , so thanks for reading my long message if you read my message till now than you are amazing person and have a very serious mind in trading , because most of the people don't read this large message ha ha ha ha ha DISCLAIMER:-I have already invested in this share , and all profit and loss in this share is BSE:LUPIN yours , my work is to share idea of the good company in which you will make a good return, and if you earn profit from this share so please feel free to comment in the comment section ,
BSE:LUPINLong
by Parthupadhyay67