LUPIN trade ideas
Lupin - For BuyBreakouts at daily level done
Pullback / Accumulation at hourly level done
Break of VCP pattern done
LUPIN Intraday to Positional TradeNSE:LUPIN Levels are Mentioned in the chart...
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...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
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..
4. To learn more about patterns, Psychology behind the trade and price action trading... contact us.. Thanks..
Lupin 🚩 pattern breakoutBeautiful flag pattern breakout..
Let it retest 50% and 60% fib level to re enter
Lupin - CMP: 1247The stock has given multiple pattern breakouts. ADX is indicating strength in the uptrend. RSI also indicating a continuation of the up-trend. It has given Wedge breakout on the daily chart as well as Flag Pattern breakout on today's EOD chart. We can expect a Pattern target as 1400 in the near term.
Lupin: Long CallFlag pattern has been spotted with volume pattern supporting as well.
Buy around 1,247 - 1,260
Stop Loss: 1,208
Target: 1,378
Risk Reward: 1:3
#Lupin cash : Breakout above 1270.10#Lupin cash -Positional investment call
02.06.2021
Pattern breakout above 1270.10
and dips 1240
stoploss 1200
Target 1480-1500/1800 in 6-12 months
Bullish Flag Pattern in LupinIn the daily chart, a bullish flag pattern has been formed which can attribute to a long position with a target of somewhere around 1246-1250.
Stop Loss can be around 1200.
lupinLUPIN FORMING AN ASCENDING TRIANGLE PATTERN ,AND IT IS CONSOLIDATING MORE THAN 2 WEEKS CHANCE IS FOR A BREAKOUT CONSIDER THIS IDEA ONLY FOR STUDY PURPOSE
LUPIN Levels for 02-JUN-21(Intraday) Buy above 1212 for 6,13,20+++
Sell below 1206 for 6,13,20+++
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
Lupin if breaks then can give a good upmovelupin is a forming a triangle pattern if it breaks the triangle upper side then we except a good move
BUY LUPIN TOMORROW ABOVE 1209 target of 1220-1225. If you see the chart of the Lupin so you will see the pattern of flag.
Lupin from 30 may 2021Stock has given good breakout also a good pattern formation
one can trade using fib sequence given
Lupin - Impulsive-consolidation-Impulsive 🔰 MY thought process :
⭐A good swing trade is possible :)
⭐Pattern: U can call it anything u like, what's happening is a good move than a consolation in a zone, a breakout from this zone = again some impulsive directional move :)
⭐RR as per your RR management and trade only if pharma and nifty are bullish as this stock seems to be a little volatile past session :)
🔰Am I taking this trade now: No---Reason: Already in the trades of Naukri and PPL as posted last time :) also took a small position in Coal India today as posted guys :)
Also keeping an eye on JSW steel too seems bullish to me :), All the analysis already posted :)
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<>>>>>
1400 OR 1100 | WHAT'S NEXT FOR LUPINThe stock is in an uptrend and we saw a breakout from the previous resistance zone. Now the stock is forming in the triangle pattern and we can see another up move if it breaks it on the upside which can take it to the 1400 zone.
If it breaks and sustains Triangle on the downside, we may see 1100 in upcoming trading sessions.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
