LUPIN trade ideas
#LupinDisclaimer: I am not a SEBI registered or authorized analyst. The charts/levels/stocks posted will be only for educational purpose and not a buy/sell recommendation. I will not be responsible for your any losses & profit. No any kind of legal actions will be entertained for the same.
11/11/2020 Research Report For LuoinBuy @ CMP CURRENT MARKET PRICE
First Sell Target @ 1016
Final Sell Target @ 1040
Lupin - Up-Flag on WEEKLY chartLupin Ltd. was in a consolidation since September 2020. The consolidation was preceded by an up rally. The price gave the upward breakout on a weekly chart and closed at Rs. 1196.55 with huge volume support. This formed the price pattern known as up-flag on the weekly chart of this counter. I anticipate the price target of Rs.1,600 and suggest the stop loss at Rs.1,130 to be followed for the first four weekly candle after the breakout weekly candle. Thereafter, the profit booking/ exit decision should be based on achievement of the price target or downward crossover of 26 EMA by 5 EMA whichever happens earlier.
NOTE: This idea is an attempt to predict the future price movements. Investment decision based on this idea, if any, shall be solely at the risk of the investor.
💊 #lupin #niftypharma #nifty #bankniftyNSE:LUPIN
first long till PRZ level as per your trade setup and if find reversal at PRZ level then only book long and one can short as well if find reversal at PRZ.
Lupin Bearish DEEP CRABLupin had formed a Bearish Deep Crab Pattern
If the hourly close sustains below 1190 one can look at a downside move with targets
Tgt 1 : 1130
Tgt 2 : 1115
Tgt 3 : 1095
Pattern invalidated beyond 1230
Lupin 1 : 10X profit Ratiohii traders
Good Opportunity to Buy this
this Is only Idea and educational purpose only... Dont Trade
FY21-22 Swing Trade Idea #17: Long on LUPINThis is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
Buy LupinMy idea is for educational purpose.
Buy Lupin @ 1070 & decline till 1040 for short term gain.
LUPIN LOOKING GREAT FOR SWING TRENDLINE BREAKOUT AFTER 5 MONTHS OF CONSOLIDATION WITH HIGH VOLUME
RSI AND BOLINGER BAND BREAKOUT
LOOK GREAT FOR NEXT FEW DAYS
Lupin - Multiyear BO possible above 1100 keep the radar Good formation of Lupin, Triangle BO, Trend-line BO. Multy year BO possible keep on the radar
LUPIN, 8.5% PROFIT BUMPER TRADE CAPTUREDLUPIN was shared at 10:15 AM when it gave breakout.
Analysis behind it was simple trend line breakout, supported by huge volumes. Due to momentum in pharma stocks, this kept moving up, even after initial UC.
Strong comeback for us!!
Thanks
Piyush Gupta
Learn & Earn
LUPIN Long term After completing the Cup and Handle pattern and a strong boost in Pharma sector, Lupin finally broke it's resistance and showed a 150 point bull run in the market today. With the Governor's conference today not just LUPIN but other Pharma companies such as CADILA, SUNPHARMA etc. also got a lift in their stock prices.
If we see the chart the next upward targets for LUPIN could be 1322, 1401 and 1497 in long run. On the downside if we see a selling pressure in the market then it can trend towards 1085, 1048 and 1000.
Keep LUPIN in your watchlist for this month and enjoy the bull run.
Hit Like and leave a comment if you liked our study.
Multi Year Breakout - Cup and Handle PatternLupin Ltd. is involved in the business activities of Manufacture of pharmaceuticals, medicinal chemical and botanical products.
The Stock broke out its multi Year Resistance with Cup and Handle Formation on charts. RSI perfect levels of 62.
Fundamentally the Company is performing good and is also expected to better in coming time. Mutual Funds have increased their stake from 11.94% in June, 2020 to 13.05% in March, 2021. The Pharma space is also doing excellent and the expectation are sound.
Accumulate for Targets of 1200-1300 with SL at 1040. Don't Miss it. Long Term Target 1500
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