LUPIN trade ideas
Buy at 1040 with SL 940 for 20-25% gain.1. 52 week high with huge volumes.
2. Break out at resistance with huge volumes
Breaks 2 years of resistance with super powerPrice breaks 2 years of resistance ( 1000 levels ) finally and closed above 1060 resistance levels. Now we can expect the price to move on to 1180 resistance level and consolidate there.
In the pic you can clearly see the retest levels, here if you look into it price before this break out it actually breaks 1000 levels but unable to sustain and reached the support level once again this is where one can enter long trade. But every time one cannot expect this move, when it happens don't miss it is the point here :)
Swing Long set up for LUPIN.Waited till my previous demand for LUPIN but it strong uptrend created new demand (No retest reason might be all fav of investor and trader) so analysed for new set up of Only LONG entry (As Monthly n Weekly is trend is UP).
LUPIN - WeeklyOn the weekly charts, it gave a great breakout before but in the shakeout, I got stopped out.
I should have followed a weekly stop since this is a good fundamental story.
Now it has again given a breakout on the weekly charts
LupinLupin broke the resistance on 14 Aug with big green candle. Following days, after retesting the bottom of channel, it started its move up, might test the top of the channel which may coincide with the next resistance near 1070.
I am no expert, if someone maybe a learner like me or an expert have different opinion, ll be glad to see that view.
WE LEARN TOGETHER WE GROW TOGETHER :)
LUPIN broke Ascending TriangleHolds strong support at 1030-1033; resistance at 1056+
(Strong support/resistance holds at 50%-68% retracement of any impulsive move with a breakout)
LUPIN Levels for 17-SEP-20(Intraday) Buy above 1033 for 7,15,25+++
Sell below 1017 for 7,15,25+++
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
Lupin looks good above 1034-1040.Other keypoints to note:
1.Double top formation: Look for buy only if the resistance is broken or the Double Top is made invalid.
2.If the stocks shows bearish sentiments then look for sell as the Double Top is made valid.
LUPIN Levels for 16-SEP-20(Intraday)
Buy above 1005 for 7,15,25+++
Sell below 995 for 7,15,25+++
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
Lupin stock is on very bullish mode.Luping long entry 20 EMA +TL above the price of 970 TARGET 1025 SL 935.
always do trading as per your Reward to Risk ratio .The ideas sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Watch the August month performance sheet. All trading ideas freely shared here for your education & support.
drive.google.com
Educational - Camrilla narrow range pivot breakaway setupStocks whose camrilla pivot getting narrow are high probable setup for breakout trade. Ensure confluence of :
1.Day's H3 and L3 inside previous day
2.Narrow range H3 and L3
3.range of H3 and L3 getting narrow in consecutive days
4.Volumes coming in
DM me for chartink scanner for selecting such stocks previous day.
LUPIN Levels for 15-SEP-20(Intraday) Buy above 974 for 6,14,25+++
Sell below 960 for 6,14,25+++
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
