Lupinlong
LUPIN - Stock AnalysisLupin 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 "Strong Bullish" sentiment, and the monthly candlestick pattern also displays "Strong Bullish" signals.
In terms of resistance, the stock has encountered medium-term resistance levels, with top points at 1200.0 on October 19, 2023, 1174.2 on October 3, 2023, and 1155.65 on September 14, 2023.
From a fundamental perspective, Lupin Ltd. has several positive attributes. The company's net profit has seen a significant turnaround, shifting from negative to positive, indicating an improved financial performance. The Piotroski F Score is at a stable value of 5.0, which suggests sound financial health.
Furthermore, the company's net profit has been consistently increasing for the last five quarters, and the same holds for Profit Before Tax, demonstrating strong operational performance. There has been steady growth in earnings per share (EPS) over the last four quarters.
Lupin Ltd. offers a very low dividend yield of 0.350%, indicating a preference for reinvesting profits for growth. Additionally, there is a short-term positive trend in total sales and net profit. The company has achieved annual sales growth for three consecutive years, and quarterly sales over the last five years are trending upward.
In summary, Lupin Ltd. presents a promising investment opportunity with strong technical and fundamental indicators. The stock's bullish technical signals, coupled with its improving financial performance and consistent growth, make it an attractive choice for investors seeking potential growth and value in the market. Nevertheless, investors should stay vigilant and monitor developments in both technical and fundamental aspects for a comprehensive understanding of the stock's potential.
Go Long above 1184.10
Stop Loss 1095
LUPIN--Bearish from 810 range??Observations::
the stock is trending upwards in daily time frame.
now the price is facing resistance @800 range.
If price breaks this resistance we have an immediate resistance @810 range.
now the stock is looking weak in buyside, if it will sustain above 800-810 range we will observe some bullish momentum again.
if price breaks 770 range we will observe fall till 740 range, keep track this instrument.
we have demand zone @700 range, will acts as support.
keep use alerts in this stock at respected levels.
LUPIN - Long viewWith prices closing above all the important EMA the stock is looking technically strong. One can look to enter the trade above 771 with a target of 848 keeping a stop loss of below 732. RSI is reaching almost at the 60 level mark. Once sustains above the mark the stock should give some momentum. Wait for RSI to move above 60 on the DTF.
The views presented are of the author and are for educational purpose only . Kindly consult your financial advisor before investing.
LUPIN 1M LONG ViewLUPIN at a very crucial level and expected to reverse from this point.
Very High Risk : Reward trade.
Trade safe. Manage risk. Be profitable.
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Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
Lupin: Probable Trade Setup [Investment Opportunity]Long opportunity in Lupin, as it has given breakout. All you can do is to enter into a trade near the zone. Let it retest its swing low, so that risk-reward ratio become favourable.
Note: Wait till you get rejection candle in daily time frame near the zone.