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Lupinshort

LUPIN | Fall ExpectedDisclaimer: 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 & Trade Setups 🔍 For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
NSE:LUPINShort
by Munish_Jain
5
Lupin levels for tomorrowLupin Gave a nice target of more than 1% today . After hitting the resistance the stock fell heavily and currently taking a support at an important level. Looks like it is about to form a H&S. if it retest the blue trend line and again gives a 15min closing below 1193-1196.65 area then next target is 1173.7 Since this is against the major trend take quick profits at pivot levels and trail SL. In daily time frame it formed a higher rejection candle today it is consoildating between the top resistance zone and bottom support zone in daily time frame. breakdown of important trendline. Below our levels it will be an H&S pattern. below 200ema of 15min Book partial profits at 1184 and trail SL cost to cost since tomorrow s1 will be at 1184 level Ignore if this opens gap down below the levels. This is purely my personal view on the script. Trade at your own risk and knowledge.
NSE:LUPINShort
by vyas1394