L U P I NLUPIN FUT broke above descending channel with decrease in OI suggesting short covering, made DOJI candle on friday on daily charts which suggests reversal.
Could b bought with mentioned stoploss & targets.
LUPIN READY FOR A DECISION MOVE.we will be waiting for moves in lupin most probably down wards but still to monitor on 18 oct 21 for first hour. very impressive down side seen however a little side ways for the rsi to go up a little bit then downward rally continues. Approx 2 lakh shorts in future on 14 of oct confirms more downsi
Buy call for Lupin pattern under formationthis is a pure large cap company it has already been shaken off from 1274 levels to 912 levels made sort of W pattern formation under process i strongly suggest to make buy positions in this share and can keep adding till 860 levels for LT target of 1325
Inverted H&S On LupinLupin is about to give breakout of inverted H&S at 1080 neck line...Target is 130 points from breakout at 1210 and sl is at 1040
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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Frequently Asked Questions
The nearest expiration date for LUPIN FUTURES is Apr 24, 2025.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell LUPIN FUTURES before Apr 24, 2025.