Lupin shows potential for a bullish swing, backed by a stoploss at 1590 and a target of 1695. Traders anticipate favorable upward movement in the stock.
Hi All,
Lupin seems to be on the verge of multi year breakout. Which way will it go?
Will it come back to 585-600 range or continue to move up.
Please comment.
Keep an eye on Lupin.
As per price action formation has been made in 1 week TF.
Its a very big move.
Always check the sentiments of the market as per technical analysis, if the pattern get its respect.
Best of luck to all traders.
You are responsible for your Profits and loss, Shared for Educational purpose
Why...1.Cause it broke price into new territory.....2.Defensives will start moving sooner or later...Also chart pattern break out..Tgt calculated on chart
Lupin looking good for short term trend capturing at 15 min / 30 min timeframe, the stock is making an inverted head and shoulder at a trendline support which also happens to be a retest level of a recent breakout. As per my analysis, it is a very low risk trade where we have multiple confluence factors.
Lupin is making a symmetrical triangle at bottom.
Also an inverse HNS pattern is in making
next resistance at 700, crossing it, we can expect a 20% move
Embark on a strategic journey through Lupin's charts, revealing a promising trade opportunity in simple terms suitable for traders of all levels.
Current Market Position 📊:
LTF (75 min): Lupin is firmly situated within the 75-minute demand zone, specifically at the bottom and exhibiting a very inside structure.
ITF (Daily): Confirming the bullish...
Dear Followers,
I hope you're doing well. I wanted to share a brief update regarding the short-term trend of the stock NSE:LUPIN I have been monitoring.
Currently, the stock is experiencing a downtrend in its short-term price movement. My analysis indicates that market conditions and recent price action suggest a period of declining prices. This information...
Lupin Ltd. is showing a strong technical and fundamental profile, making it an interesting prospect for investors.
From a technical perspective, the stock exhibits several "Strong Bullish" signals. The HighLow indicator suggests "Strong Bullish" sentiment, with the stock near a one-year high and likely to make a new high. The daily candlestick pattern reflects...
NSE:LUPIN
Lupin Limited is an India-based pharmaceutical company. The Company develops and commercializes a range of branded and generic formulations, biotechnology products, and active pharmaceutical ingredients (APIs) in over 100 markets in the United States, India, South Africa, and across the Asia Pacific, Latin America, and others. It offers vitamins,...
Trade Thesis:
I'm taking a long position on Lupin (LUPIN) for swing trading. My rationale is based on a combination of technical and fundamental factors.
Technical Analysis:
The stock has recently broken out of a strong resistance level, indicating potential bullish momentum.
The Moving Averages (e.g., 50-day and 200-day) are converging, which is often a bullish...
*Lupin Ltd*
*W* Formation on Yearly Basis.
Strong Price/Volume Action.
P&F Formation on Weekly Basis.
Strong Vol. Consolidation / Continued Heavy BuiltUp.
Watch out for Multiple Resistance levels @
1153/1215/1497/1601
1749/1850/1934/2057
Trail SL with Upside.
Book Profit as per Risk Appetite.
Do Your Own Research as well. This is an Opinion.
Happy Investing 😇
