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LUPIN

Nifty Outlook for Monday, 10th August | 50x InvestmentsNifty - Technical Analysis: Nifty had a gap-down opening on hourly charts and remained within a range throughout the day. On the 15-minute chart, most candles had long upper and lower shadows indicating the presence of uncertainty in the markets. 9-period SMA closed above the 12-period SMA on 15-minute charts indicating the small positive bias in the markets. Market - Driving Factors: Vodafone Idea declared their Q1 results and it was once again a poor show in absolute terms. The stock still ended over 7% up because the results were better than street estimates. Lupin too had a poor Q1 and the stock ended over 6% lower. Nifty IT and Pharma indices ended lower today probably because of a strengthening rupee. The Nifty PSU Bank index broke its poor recent run and ended almost 1% in the green. Silver continued its stellar rally and is 2% up as of 5:18pm. Nifty - Outlook for Monday, 10th August: A break out from the 11000-11300 range could give some certainty to the direction of markets. Such a breakout would at least lead to a measured move if not a deeper trend change for the long term. A weekend break might just help markets get a direction and shift sentiment to one side. So, one should avoid any huge directional bets early on Monday till a direction emerges.
NSE:NIFTY
by Algokart
4
Lupin stock is on very bullish mode.Stock of lupin is trading above the 200 EMA level & in very bullish mode. Recently stock has made a new high @ level of 956. Now currently stock is expected to retest the resist. area . So this could be betwwen 910-915 @ this level we can take the entry for the next target level of 945 with the SL of 874. Also above 950 level we can see the new high till 970-980 level in the stock in upcoming session. So add the stock in your watch list to see the price action movement in the stock. Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
NSE:LUPINLong
by Tech_stock_trader
Lupin stock in bullish mode.Stock of Lupin stock in bullish mode. on daily & hourly time frame the stock is trading above the 20 EMA level & making higher highs. See the stock is trading at the trend line marked. Now wait for the ATP & Resist. level @ above 865 to be broken before taking entry in the stock. The target level is 875. Once the stock cross above 880 we can see the level of 900. So add the stock in your watch list & see the price action movement. Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask
NSE:LUPINLong
by Tech_stock_trader
#LUPIN | NSE | 1H | SHORT | #BEARISHWOLFEWAVE01) Wolfe Wave ( Bearish ) 02) Price revert from upward channel top 03) RSI Bearish Divergence 04) Target - Green Trend line 05) SL - Above Swing high ------------------------------------------------------------- Note : This study for educational purpose only. ------------------------------------------------------------- Your likes on my ideas motivate me. ------------------------------------------------------------- Twitter - @bagade_arvind
NSE:LUPINShort
by AVBAGADE