Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis &...
Currently, 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.
I hope this analysis was helpful to you. If so, I would appreciate it if...
Important LUPIN Levels ( Support & Resistance ) for Monday Market- 24-10-2022.
Disclaimer:
I am not SEBI Registered Analyst, This Channel Videos are 100% Education Purpose Only, Myself or my Channel Not Responsible for Your Profit/Loss, Please consult Your Financial Advisor before trading/investing on share market.
Price & Volume relationship
----------------------------------
Yes, Volume is supporting upside movement.
Wait for breakout & Once the pattern along with that swing high is taken out we can enter, and Fresh Buy can initiate.
NSE:LUPIN
Observations:
1) On 1 day time frame, we can see that it bounce from 100DMA and closed near immediate resistance level of 960
Please refer below chart : 1day Time Frame.
2) On 1hr time frame we can see it is making ascending triangle pattern. Breakout and retest of 960-970 level range will give up move. But if it face resistance and failed to...
![LUPIN: Simple Trade Setup | LUPIN | 20-01-2022 [INTRADAY]](https://s3.tradingview.com/u/UclvT1NW_mid.png "Simple Trade Setup | LUPIN | 20-01-2022 [INTRADAY]")
