Lupin is in a narrow zone now the rectangle is Buyers Zone, the stock is most likely to give breakout on either side, act after stable breakout dont rush.
I suspect #Lupin may have a tough next couple of days. If it breaks 1065 levels we may see it falling to 1060 / 50 / 40 soon. #nse #bse #nifty #index #sensex #StockMarket #stock #banknifty #trading #tips #option #equity #stockstowatch
watch it guys... for intra and short term. (short term entry also possible , i will tell you when I feel bullish) remember 1. 978-989 area dominated by smart money(buy) and also 2. 1040-1029 area dominated by smart money (sellers). note this guys.u can set your RR 1:4,1:5 In this stock. go for mean revision levels are clearly mentioned.
LUPIN (D):- 1122.3(pob),you can accumulated till1060/1050 for target 1380 with sl 980
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Since last 2-3 month trading sessions its creating descending trendline pattern. Stochastic RSI showing strong bullish crossover near the resistance line. So, Expected It will break out of downward trend in coming trading session. Once breakout and it's trading above 990 then it will go to 1085 to 1120 target soon. Possible Trade: Buy LUPIN Above 990 Stop-loss...
Please follow the chart, targets are marked with the black lines and SL with red. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Look fresh in range 860-900 for upside 950-1040 in med term with SL 799..!!!
Buy Lupin in between 992 to 1000 area Stoploss 960 Target 1050 and above Study: Stock is trading near retesting level of previous Breakout.It can take support and go up
Lupin broke our trend line. I expect small correction or another bullish wave to our resistance.
LUPIN gave resistance zone breakout and re-tested it. Consolidation between 1000-1010 level can initiate a Good upside movement Good above 1010 Levels on the basis of candle close. View negates below 988 levels
#LUPIN IS FORMING A CUP AND HANDLE CHART PATTERN AND A NARROW RANGE 7 STOCK FOR 28/12/2020 WE CAN EXPECT A BREAKOUT .RED LINES ARE MAJOR SUPPORT & RESISTANCE.GREEN LINE IS THE TARGET. CONSIDER THESE POINTS BEFORE ENTERING INTO TRADE; WAIT FOR A PROPER CONFIRMATION BREAKOUT BY VOLUME AND MOMENTUM SET STRICT STOPLOSSES OR ON PREVIOUS SWING AS PER YOUR RISK...