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...
Lupin 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