LUPIN trade ideas
Bullish Reversal near demand zone in LUPINLupin has retraced to the demand zone (earlier supply zone) post heavy breakout and have shown a reversal sign.
Current view is based on following patterns:
-> Ascending triangle breakout retest (bullish trend)
-> supply zone turned into demand zone
-> bullish reversal sign through bullish candle with volume
Wait for the closing above demand zone
Nearest target is 1240
Lupin LongLupin could break its ATH in next year. Target 1 is 1400. Has potential for 2x.
View negated if US FDA, or other factors break the pattern.
Lupin sees strong traction for its India business and expects growth to be in the high-teens in FY2022, which would be driven by strong growth in the base business, especially chronic therapies. The US business is expected to be impacted by the price erosion in the near term while 2HFy2022 is expected to see a marked improvement driven by ramp up in Albuterol and Brovana. High potential / limited competition launches in FY23 provide further visibility for growth.
LUPIN Short Term ReversalThe stock has reached the lower trend line and might take support and undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near short term resistance.
LUPIN - IMPORTANT LEVELLUPIN - IMPORTANT LEVEL. Break Down and Retesting the Break Down Level. Any Bearish Candle Confirmation looking for Sell(Will wait for PINK EMA to reach near the zone for additional confirmation.
LUPIN LONG INTRADAY 2 SEP,2021Dear trader,
If u look at the chart of LUPIN (analysis based intraday only) the LUPIN Buy at 963 and Target at 975
Best Buy at 960.
Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
LUPIN - On support Lupin : Fall from 1150 to 976 in a week with strong volume backing up.
Currently Below 50/100/200 D moving avg's waiting on support level.
Considering current market all time high's - any correction in nifty will break the Lupin support and we can see further down trend -
may test 904 and 880.
Considering the strong support at 975 level- possibility of bounce back if market also supports.
Trade cautiously -- please do own research before investing.
Looking good Lupin at cmp with SL 970 below closing basisLupin is currently trading near strong support
Stop loss below 970 clbs
Lupin at strong support can be entered.After a perfect fall from earlier resistance level, can take support at 900 to 950 level. Can be accumulated in this range.
LUPIN 4HRBullish BAT
VERTICAL DOTTED LINE is Ultra high volume down bar Higher volume-Professionals are buying into the public selling
Set up is valid only when RSI is over 30 & Price on breaking of ULTRA HIGH VOLUME Candle HIGH with NO SUPPLY i.e place for BUY
lupin ltd, 4h its pure price action basedif pharma sector go bullish and lupin take support from here than this is good opportunity with small sl with target of max, of 1:3
Lupin ... Bear territoryStrategy : sell on rise....
Use the levels for your profits..
Like.... Share... Follow
Lupin ......... Bear territorySell on rise....
Use the levels for your profits..
Strategy : sell on rise....
Like.... Share... Follow
Tread movement Hear you can see that lupin maintaining uptrend and 200EMA line acting as a support level 🔸️
what to do is, BUY when market bouncing from green line (or) from 200 EMA line 🔸️
take SELL if breakout happens below the green line 🔸️
Note⚠️ Don't take immediate trade if breakout happens , observ if market taking breakout line as a support then go for SELL trade.
LUPIN - Consolidation and Breakout, High RR swing tradeHi traders,
Lupin has given a good opportunity after staying in a tight range for good amount of time. Now, as we can see that Lupin has given a re-test and the previous resistance has become a support.
I have already initiated the position at 1175 with a stop loss below the support i.e 1167.
1st target: 1205
2nd target: 1220
The Reward-Risk is 5:1 (Considering the first target)
This seems to be a high probable trade because there is a gap which is supposed to be filled. Also, the pharma sector is strong.
Feel free to comment your queries. I would love to respond to them.
Thank you,
Keshaw H. Agarwalla
Happy trading :)
Lupin Weekly Break and Retest Lupin might be a good buy once it goes up from now with good momentum.Keep tracking and watch out for Intra, short-term and swing and positional opportunities.
