LUPIN trade ideas
LUPIN: Bullish- Long termLupin is popping up in few of my scanners, Expecting the stock to do good in the long term with SL below 848.
LUPIN support and trendline BO for PositionalNSE:LUPIN Levels already mentioned..
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
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3. Views given here is not a tip rather it is for educational purpose... After market opens, the condition might change so learn to handle for different conditions..
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LUPIN- CUP & HANDLE AND NARROW RANGE 7#LUPIN IS FORMING A CUP AND HANDLE CHART PATTERN AND A NARROW RANGE 7 STOCK FOR 28/12/2020
WE CAN EXPECT A BREAKOUT .RED LINES ARE MAJOR SUPPORT & RESISTANCE.GREEN LINE IS THE TARGET.
CONSIDER THESE POINTS BEFORE ENTERING INTO TRADE;
WAIT FOR A PROPER CONFIRMATION BREAKOUT BY VOLUME AND MOMENTUM
SET STRICT STOPLOSSES OR ON PREVIOUS SWING AS PER YOUR RISK APPETITE
DONT ENTER ON FIRST CANDLE AND WAIT FOR MARKET BEHAVIOUR
FOLLOW NIFTY & SECTORS FOR DOUBLE CONFIRMATION
ENTER ONLY ON PROPER POINTS.AVOID TRADE IF YOU ARE NOT ABLE TO ENTER ON THE CORRECT POINT
DONT TRADE AGAINST TREND AND INDICES
FOLLOW FOR MORE TRADE IDEAS AND INFORMATION
LUPIN Levels for 28-dec-20(Intraday) Buy above 983 for 5,11,20+++
Sell below 967 for 5,11,20+++
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
Buy LupinLong lupin above the resist area BO @ level 982 for the target price of 1050 with the SL 950. Risk to reward is 5:5 . Very good trade. All TFS are bullish. This is for your educational purpose only.
Watchout for trendline breakoutThe stock is heading to test it's trendline and looks good above 992 level.
#LUPIN : CUP & HANDLE WITH TRENDLINE.. Make it or break it ? #LUPIN : CUP & HANDLE WITH TRENDLINE.. Make it or break it ? Keep eye on it
LUPIN Levels for 18-Dec-20(Intraday)
Buy above 980 for 5,11,20+++
Sell below 958 for 5,11,20+++
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
LUPIN VIEW HOURLY CHART BASEDBUY ON BREAKOUT OF
> NECKLINE BREAK OF INVERSE HEAD N SHOULDER PATTERN
> RESISTANCE LINE BREAK
disclaimer - for study purpose only
