LUPIN
Swing and Intraday SetupSwing and Intraday Setup: Very good entry above 1085 with SL of 1065 for the target of 1120/1150/1170. Keep trailing SL on every 20 points.
Note: I am not a SEBI register and view is only for educational purpose as well as personal, always consult your financial advisor before investing or trading.
Lupin - Hammer at 21 EMANote: This is for educational purpose only.
There seems to be a pre-tested dynamic support at 21 EMA. 21 EMA above 55 EMA indicates short term uptrend. The only downside is that the slope of 21 EMA and 55 EMA is not too bullish. RSI nearing 60 indicates bullish momentum. Moreover, there seems to be a RSI trendline bullish breakout.
LUPINNSE:LUPIN | (Intraday/Swing Trade)
Entry:- After Breakout (Either Side It Breaks)
Stop Loss :- Previous Support/Resistance or (According To You)
Target:- (40 Points) From Side It Breaks.
(Risk Must Be Managed.)
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--Any Suggestions--
LUPIN - BULLISH - ASCENDING TRIANGLE"Company launched cancer drug Lapatinib tablets in the US". This news may or may not have an impact on the stock, but the pattern and the price action clearly gives a bullish indication. Please follow strict entry and exit rules to minimize your loss as well as maximize your gains.
Entry - above 1023
Target - Trailing stop-loss
Stop-loss - below 1020
Look at the charts and make an informed decision.
Thank You
Happy Trading
Beware of risk involved in stock market and this is for educational purpose only.