Lupin for swing trade Form a sending triangle and break out then form a flag pattern
Only for educational purpose
LUPIN trade ideas
LUPIN short term view - 4th June 2021After the Flag and Pole Pattern break out, Lupin has retraced and getting ready for the up move toward Target 1 - 1280 and Target 2 - 1300 and Target 3 - 1400 with the Stop Loss of 1225.
Entry - 1227 - 1230
Stop Loss - 1225
Target 1 - 1280
Target 2 - 1300
Target 3 - 1400
LUPINAs pharma stocks heat up, Lupin can be a runner in this run up.
With 1237 as stop loss one can play for 1260-1265
If it crosses the above levels with good volumes, 1300 seems to be coming.
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
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Lupin- daily uptrend Entry and SL marked on chart.
Monthly uptrend
Weekly uptrend
Daily uptrend
Marked entry price daily demand zone within weekly
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
