LUPIN trade ideas
LUPIN
Lupin
Has Given Good Breakout
Can go long
All the key levels are mentioned in chart with Stop-loss and Targets.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
lupin Buy above 1064lupin buy above 1064
Sl closing below 1035
target :- 1083 & 1122
for Swing target 1390 .
Lupinlupin looks good target could be 1370 if it breaks 1110 (only for confirmation), triangle pattern
LUPIN LTD 4HRBEARISH SHARK
price need to follow Green Trend line & hit target
If price Breaks Red Trend line is where EXIT before SL hits
POTENTIAL SELL
Falling Wedge BreakoutStock Analysis: Lupin Ltd has broken the falling wedge pattern on weekly basis, for conservative entry is around marked demand area for the target given on the chat. Let's see.
Happy Trading!
LUPIN LTD Daily Confluence of Daily Bearish BAT & Bearish Shark STRONG POTENTIAL REVERSAL ZONES
Vertical dotted line is Top Reversal--it’s a two bar Sign Of Weakness. First bar is widespread up bar closing on/off the high with high volume (supply swamping demand) or low volume (no demand). The high and the close are higher than the previous few bars. The second bar is widespread down bar closing on/off the low on higher or lower volume than the first bar
second bar close & low are lower than the first bar low, on volume higher than the first bar volume, it shows effort to go down is successful --second bar high is higher than the first bar high it shows additional weakness. It shows immediate weakness--Effort vs Result & can be traded immediately on first No Demand or Up-thrust.
SELL
LUPIN LTD 4HRConfluence of Daily Bearish BAT & 4HR Bearish BAT & 4HR SHARK STRONG POTENTIAL REVERSAL ZONES as Earlier this Pattern given good reaction on Type1 entry & hit both TargetS
VERTICAL DOTTED LINE is Ultra high volume up bars - trap of Smart Money , Higher volume- Professionals are selling into the public buying
SET UP BECOMES VALID ONLY when RSI is below 70 and IF Price breaks ULTRA HIGH VOLUME Candle LOW & TREND LINE with LOW VOLUMES & with NO DEMAND l.e place for short
POTENTIAL SELL
LUPIN LTD 1HRConfluence of 1HR Bearish & 4HR Bearish Shark STRONG POTENTIAL REVERSAL ZONES
Break of Trend line with RSI BELOW 70
Potential SELL
LUPIN LTD 4HRBearish SHARK
VERTICAL DOTTED LINE is Ultra high volume up bars - trap of Smart Money
Higher volume- Professionals are selling into the public buying
SET UP BECOMES VALID ONLY when IF Price breaks ULTRA HIGH VOLUME Candle LOW, RSI is below 70 and with low volumes & with NO DEMAND l.e place for short
POTENTIAL SELL
