Lupin Limited : Pharmaceutical Company ( NSE:LUPIN ) is Making Symmetrical Triangle Pattern (PATTERN BREAKOUT TRADE). This can become a very good trade for iNTRADAY Traders. Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that BROKE this pattern....
Price breaks 2 years of resistance ( 1000 levels ) finally and closed above 1060 resistance levels. Now we can expect the price to move on to 1180 resistance level and consolidate there. In the pic you can clearly see the retest levels, here if you look into it price before this break out it actually breaks 1000 levels but unable to sustain and reached the...
Holds strong support at 1030-1033; resistance at 1056+ (Strong support/resistance holds at 50%-68% retracement of any impulsive move with a breakout)
Luping long entry 20 EMA +TL above the price of 970 TARGET 1025 SL 935. always do trading as per your Reward to Risk ratio .The ideas sharing is for educational purpose only. In case any suggestion advice required feel free to ask. Watch the August month performance sheet. All trading ideas freely shared here for your education & support. drive.google.com
Great Setup After Long Bearish Trend !
Buy lupin if holds the current level as a support for the target of 990/1000-1020 zone
Buy above 967 for 6,13,25+++ Sell below 958 for 6,18,25+++ Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
Monthly close above 990 can take it to 1200+ first and there on as suggested in chart.
Perfectly adhering to the trend line Bullish View if sustained above 950 in 1hr TF Can be bought at CMP levels Target 1020/1030 levels Stop Loss 875 levels
Long above 972.5.(Intraday) Caution : Only If Nifty Is Positive. GOOD LUCK
Enter at 857, do wait for the levels or keep adding stock in small small quantity. Reason- -Strong demand zone at daily time frame -Weekly EMA 20 support -Monthly EMA 20 support
On Weekly & daily chart Lupin stock is in uptrend & forming the higher highs. As marked in the charts ATP formation now after the BO level of the trend line above the level of 992 we can take the long entry for the next target price of 1031 with the SL of 975. RSI level is also showing the bullish mode. Earlier BO level above the 935 is given with the very strong...
LUPIN is trapped in a flag pattern. Move it to the watchlist. It may break soon.
Jyothy Labs is in a strong uptrend and is continuing its move. Recently it has tested its previous resistance which is now working as a support and now given the breakout of a down trendline so we can ride this trend with strick stoploss.