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LUPIN LTD
Long

LUPIN - A QUICK SWING TRADE POTENTIAL ON A COUNTER-TREND

122
LUPIN
cmp 735
Long above 750 suggested.
Stop 715.

Target 800 plus.
Logic:
1) Stock trading at support zone.
2) Bullish divergence in MACD observed.
3) Support zone + Bullish divergence has had a strong counter trend rally in the past.



scorpiomanoj
Trading is my passion.
Also on:
Chart PatternsTechnical IndicatorsLUPINmacdivergenceTrend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsTechnical IndicatorsLUPINmacdivergenceTrend Analysis
scorpiomanoj
Trading is my passion.
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.