#LUPIN Next harmonic pattern extension of AB=CD#LUPIN Next harmonic pattern extension of AB=CD
#Bullish SHARK HM pattern
PRZ-886.40 -822.15
CMP:926.60@21 August 2021
LUPIN trade ideas
[POSITIONAL] LUPIN SHORT BET
risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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WEEKLY LUPINWEEKLY LUPIN Investment-Patience-BlackCandle-BlueCandle #CatchFallingKnife Note: My personal view is not to follow.
LUPIN... INTRADAY TRADING IDEAThe script is forming a symmetrical triangle pattern in lower time frames. Note the support and resistance trendlines.
Watch for the breakout.
I hope the script is bottoming out and likely to move up.
Lupin had already corrected about 25% from its recent high.
LupinLupin
Risk takers - Book at CMP we would see a reversal very soon
1st Target - 1019
2nd Target - 1058
Please Note: This is way below the 50MA and only risktakers to Buy
As i feel it should bounce back as per the trend lines
MACD - Sell Signal & RSI - Oversold
Swing trade Lupin Min 2.5 % Long After a big fall it is in a very good place accumulating in support region waiting for retracement or you can say for lower high . but dont miss this opportunity as any stock cannot go vertical as it need to satisfy the supply and demand .
good entry around 970
target you can keep arounf 2.5% - 3.5% if for extreme safe trade 2.5 % will give highest probability but youl'l miss the some profit though
so trade with you own risk mangement dont take more than 1 % stoploss
Previosuly same situation repeaded and taken opportunity in the DR Reddy stock aswell check that trade for reference how it will be performing
and after exiting wait for re entry again after some time as it may also retest back to these level and form " W " pattern and go up 5 %
opporcunity in lupin pharma hear i can find a very best chart patten called wedge patten so addcoding to rule its should touch max of 0.71 level in retracement so wait till its touch 925 rs price
you can buy at 925 with stoploss -905 and with retracement minimum target of 1.33 level means 1350+ rs
hold for 2 month
buy - 925
sl- 905
sell- 1350
thank you
Lupin Buy at Support after Break DownLupin CMP 976
Buy few shares around 975. Buy again 900-910
SL 855
Target 1215
Duration 6 Months to 1 Year.
Its a well reputed company having high market reach. Buy & Hold for Long Term.
Buy in good demand zone !Lupin :
trade set up :
1. buy with stop loss as 922 on closing basis
2. targets : 1057/1121/1266+
technical highlights :
1. demand zone
2. support (multiyear)
3. value
4. trend line (support)
note :
stock is trading at multiyear support zone .
intermediate trend line support .
also trading near 88.6% fibonacci reversal zone .
ema at 20/50
Lupin at critical levelLupin has again taken support at 975 level. It is a strong support area and if forms a bullish candle in coming session then it can be a good swing opportunity to go long. If it breaks 970 level and sustain below it then it will provide good shorting opportunity as next support is a 930.
Lupin Is on support buy for short termLupin Is on support buy for short term target of 1000, 1050, final target 1100 so on in a month.
Short Term Bearishness SignalsLook out for given pointers for how a stock gave prior signals for Short Term Bearishness.
If such pointers are seen on invested (short-term) stock, one should consider reducing the exposure or exiting the position to look out for better opportunities available.
lupin looking good for buylupin looking good to buy from support line and buy @ current levels for 1160 target
Lupin, Breakout of the accumulation, currently Retesting.Simple consolidation breakout.
4 year old consolidation.
Higher low on Large time frame. Check Chart below.
Lupin - buyBuy from 975 to 965
easy target 1025
tg2 - 1060
tg3 - 1100
Disclaimer : This is my personal analysis for study purpose not intended for trading
Lupin Daily Demand Zone Harmonic Pattern Cmp 995 Buy @ 980-9Lupin Daily Demand Zone Harmonic Pattern
Cmp 995
Buy @ 980-990
Sl Below 970 Candle Closing Basis
Target 1010- 1030-1050-1080-1100-1150-1200+
Holding Period 1-2 Month
Can Buy 1000 Ce @ 24-26
Target 35- 40-47- 55-64- 80-90-100+
Sl 15
LUPIN - Very Good Risk RewardLupin has fallen decent. Tome for Pullback. Consider it buying as risk and reward is very favourable.
LUPIN
Buy - Above 985
Sl -965
Target - 1050 1100 1150
lupin triangle support this was obvious support of horizontal trendline
slant trendline who coincides as 1091 ,
i can still be bullish on this level
target -> 1250
sl -> 1100
LUPIN for intradayLupin is forming a very good rounding pattern and it also has opened big gap down of 3.5% so its a stock to watch out today.
can accumulate below 990 results in may around 20 for long termcan consider for long term can expect break out at the end of the wedge pattern completion, 200 dma might act as support for the time being
