Parallel Channel
Lupin - Will it sustain?The patterns seen in the chart in daily time frame are rounding bottom and upward channel. Price gave break out today.
Plan A : Buying if the price sustains 715 – 720 for the targets 728,734,742 and 748.
Plan B : Observe and go short if price shows bearish strength below 715.
Plan C : If market give surprise with gap up/gap down, trade using support/resistance.
Note : Wednesday is a trading holiday and don’t carry overnight position with out hedging.
LTI CMP 4321 Long intraday LTI CMP 4321 Long
price consolidating for some time .Looking decent upmove for intraday
Price structure good and bounce on the way towards 4400 4450 4500 Levels