Short LUPIN around 825 sl 835 trgt 790NSE:LUPIN has printed a bearish pinbar around its near term resistance of 820.....i will look to short tomorrow for trgt 790
LUPIN
Can LUPIN fall till 700 before it bounces back? (just a view)THIS IS JUST A VIEW for education and tracking purpose!
Can LUPIN fall till 700 before it bounces back?
Lupin - Cheap drug @ 64Hi All ,
Following is strategy for Lupin March :
BIG NO to buying /selling naked put/calls
Buy 820 March call @ 35
Buy 820 March put @ 29
What say folks it won't move 60 points in any direction in a month ?
one of the option writer is wrong , so let them fight.
Don't over leverage and buy 10 lots , Just buy 1 lot.if you have 2 lakh capital or ( 2 lots if you have minimum 3-4 lakh capital)
Consult your financial adviser before investing , Options are risky .
Risk of capital loss involved.
CIPLA looks good at this level !!cipla currently looks good at current level ,
my level
sl 580-577
target 598
605++
lupin short term view i expect lupin to give a SHARP BOUNCE BACK IN next couple of days ! no surprise if 5 + % percent rally occur within a day
as its a pharma stock , a strict stopl loss must be placed @ 805 - 810 levels
strength zone - 825 -835
Lupin is new vitamin 'M' (Money)Hi All ,
No naked put/call buy .
Use following strategy :
Buy FEB 900 call @ 37
Buy FEB 900 put @ 33
Hold atleast 2 weeks , 100+ point move expected. Don't square off in between, Just take and forget for another 2 weeks or 100+ points move whichever comes first.
Don't over leverage and buy 10 lots (Don't make this as your last trade ), Just buy 1-2 lots depending on your risk.
Consult your financial adviser , options are risky
Lupin Neckline Breakout_Lupin is back on testing the neckline, also on the edge of the Gann Fan ray.
LUPIN Channel BreakoutLUPIN is slowly making its turn to the upside, currently obeying the base of the channel to the very last point. Awaiting a breakdown/reversal
lupin IS A BUY ONLY ABOVE 1090 .....AFTER THIS IT WILL BE curedi am bullish on lupin if it closes above 1090 levels and can be a good long term buy
Lupin short term viewAll indicators are positive, in weekly chart MACD crossover and in daily chart MACD cut, these indicators will help to move up further.
Target:
1143-1156
Further targets will update later
Stoploss: 1003
Lupin Intraday for 3rd Nov. 2017Lupin Intraday for 3rd Nov. 2017
given buying zones to long entry, and 3 targets for Stock Future trading.
Lupin - right medicine !!A volume breakout above 1050/- should lead to a good price movement! Watch this !
Lupin Shree Krishna PatternWell,its actually a Cup and Handle pattern with yellow FLUTE as the neckline, awaiting the breakout/reversal. (in comment)
AFter drawing the yellow zone, the price action to the left looked like a head and the yellow zone looked like a flute.So went ahead and drew the rest of Krishna :D
LUPIN BreakoutLUPIN is moving around the neckline for a while
currently in the breakout/reversal zone
Lupin - Wave CountingLupin is trading in downward channel. At Support of channel, it made pattern like morning star.
Wave counting is also suggesting that 2nd wave is completed here and 3rd wave is to start.
Pharma Index at long term supportCNXpharma has possibly bottomed out at 8315; atleast for the medium term
1. Completion of ABC correction (A=C)
2. Recent low at 8315 sits rights above a major consolidation zone
3. Recent Low also falls along a trendline support
4. RSI divergence on weekly and daily charts
A full EW count is not possible since the index is barely 4 years old and its constituents are much older.
LUPIN - A must buy for long term As per weekly charts, LUPIN is a must buy for long term as stock can double in a year and can act as a defensive stock if market goes into bearish mode.
Lupin -- The Right Shoulder Pain KillerThe Stock is in a corrective mode on longer term charts but this pattern may act as a pain killer if it works on daily time frame.
Notes on the chart.
Hit Like/Comment/Share if you think this information can be useful.
Trade Safe
Regards
Bravetotrade
LUPIN Channel BreakoutLupin has entered the breakout/reversal zone blue box.
Its been down for 3 months straight, breaking the previous 52 low .
Its making lower highs and lower lows ever since reaching a 3-year low mark.
Cant be sure of a correction leg up untill it breaks the previous high and makes a higher high.
Got to see if it reverses or breaks out of the long channel.
