LUPIN
Expecting A Pullback in LupinNSE:LUPIN
On a 1H chart of Lupin Supply seems to be quite dry out and it may now try to show pull back from current level.
Swing traders can consider these counter for long above 890, holing period should be of at least 7-8 days.
Prefer your stops below 820 only
LUPIN option strategyLong on breakout confirmation...or short if price reverses from channel trendline
LUPINIm not an expert im just sharing my views on LUPIN for tomorrow
Im not responsible for any profit or loss this is not a recommendation
LUPIN - Intraday/Very short Term SwingThis analysis is purely based on Price Action and Chart Patterns
Target may reach in intraday trade or in a couple of days.
Trade Strategies are shared in image itself with proper Entry level, SL and Target level
*Trade on your own risk and money management*
Feel Free to comment for any queries or suggestions
Lupin : Stuck in a triangleLupin is stuck up in a triangle ( as marked in the chart).
It has hit the long term trendline resistance, where D wave seems to be completed.
Other reasons -
Daily chart RSI showing negative divergence.
Candlestick pattern has created a Dark Cloud.
A close below 990 will take Lupin below 900 in days to come.
Lupin Bullish For Swing Traders.NSE:LUPIN
Lupin on daily chart tested its previous demand area and now looks like ready to move.
I am bullish in this counter for swing trade above 972 will get in if any 1H candle closes above the same.
will prefer to keep my SL below 905.
Lupin BreakoutI know it rallied the most but for short period one can buy... it formed flag pattern and another breakout can happen... take bull call spread with reduced risk of 5k (buy little Out of The Money) once you see the breakout of Days high.
LUPIN, Weekly and Daily coinciding supply 997-1083LUPIN,
All pharma stocks are bullish now , but there is a good Weekly and Daily coinciding supply 997-1083
there is a level-on-level also
cmp:957 11 aug 2020 Stock is in uptrend, so even it may work in the supply zone, as the sector is bullish and Lupin is also bullish, Risk, Reward may not be favourable.
Lupin - Bat pattern probability#lupin - Next trade on my radar
Bat pattern support zone 858-851, this pattern is again important because its prz aligned with daily support at 849 levels.
LUPIN - Weekly AnalysisStock holds a good support near 790-800 levels, the same levels acted as strong resistance in the past and when crossed stock did spend some time near those levels and then moved upside.
Hence any dip in the stock if happens , price action near those levels should be watched carefully.
LUPIN intraday setupLUPIN might bounce within the descending triangle before breakout....possible movements shown...
Lupin from 18 June 2020Lupin is trading sideways for a while, possible downside if breaks 416 the target is around 900 zone
multiple wicks can be seen on the downside .. resulting in exhaustion of demand zone (buyers ) break expected
breaks level of 416
target zone shown
Lupin Wedge formation taking place
target -940 b/w 2-3 days
stoploss- 900
if trendline get break then can get level at 880
Lupin , Ready to fall?Lupin has rising wedge, if it break channel then go for short. Target on chart.
