LUPIN 9 YRS CUPHello Traders,
Lupin is all set to break the Cup of almost 9 Yrs. Sector is Performing well & Stock is in the radar.
Kepp the eyes on this stock, with high volatility it will give upto 20% in single swing trade.
Facing resistance on from 2 weeks in Daily chart just wait for the Breakout to Happen on Hourly & all set to Go.
Monthly , Weekly & Daily Rsi Trading above 60 range & this script is Super Bullish at a Moment.
Thank You
Lupinbullish
LUPIN | Fall ExpectedDisclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
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LUPIN - Low risk High Reward TradeCurrently, Lupin is trading at 50ema and DBR Support zone. If you look at the previous chart pattern, you will see that Lupin always took support from the 50 Ema end support zone and bounced.
So we can plan a buy trade at the current levels and it will be a low risk and high reward trade.
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LUPIN : Hourly ChartLupin
Wait for a breakout of breakdown in hourly candle and one can enter as per market.
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
Lupin Ltd. : Trend ReversalLupin is looking good for short to medium term. Stock is at its demand zone. More and more buying is expected at the buying zone.
Good buy if it crosses ₹ 1000 level. first resistance (target) is ₹ 1157. Stop loss : 972
Disclaimer : this is only for the education purpose, do your own research before making any buy/sell decision.