Lupin is in a narrow zone now the rectangle is Buyers Zone, the stock is most likely to give breakout on either side, act after stable breakout dont rush.
Trading in the triangle, triangle patterns always provide high probability and less RR ratio.
Trade on the break out of any side.
For SELL potential stop loss is 1016
For BUY 990.
High chance of breaking to downside, but we always need to be flexible.
As mentioned in the chart there is a double top in Lupin. I am expecting a pull back in next few sessions in Lupin
We can take some intraday trades around the levels mentioned in the chart.
