Expecting a breakoutAs we can see from charts the stock tested multiple times support and trying for a breakout.
Also we got a flag pattern in daily time frame.
As Pharma sector looks bullish on coming days, lupin looks a good bet for me.
LUPIN trade ideas
LUPINORB strategy with volume
Educational purpose only not a recommendation above the blue line I will buy sl below Red line
Lupin bullishLupin gives a good breakout of trendline above the high of breakout candle there is high possibility, it can take a momentum ride till 1725 and after this 1825.
Lupin can take a leap.Lupin Ltd. is an innovation led transnational pharmaceutical company, which engages in the business of producing, developing, and marketing a wide range of branded and generic formulations, biotechnology products, and active pharmaceutical ingredients. The Company has significant player in the Cardiovascular, Diabetology, Asthma, Paediatric, Central Nervous System (CNS), Gastro-Intestinal (GI), Anti-Infective and Nonsteroidal Anti Inflammatory Drug (NSAID) therapy segments and is a global leader in the Anti-TB and Cephalosporin segments.
Lupin Ltd. CMP is 1621.35. The positive aspects of the company are Company with Low Debt, Annual Net Profits improving for last 2 years, Company with Zero Promoter Pledge, FII / FPI or Institutions increasing their shareholding and Efficient in managing Assets to generate Profits. The Negative aspects of the company are Declining Net Cash Flow : Companies not able to generate net cash, MFs decreased their shareholding last quarter and Promoter decreasing their shareholding.
Entry can be taken after closing above 1636. Targets in the stock will be 1657 and 1677. The long-term target in the stock will be 1700 and 1728. Stop loss in the stock should be maintained at Closing below 1545 or 1497 depending on your risk taking ability.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Intraday levels for today 04th June 2024 #LUPIN Intraday levels for today 04th June 2024 #LUPIN
Selling opportunity below 1560
Resistance area around 1580-1600
Charts for Educational purposes only.
Not a Trading opportunity
Follow strict risk reward and stop loss if you follow the levels
Thanks,
V Trade Point
Potential Breakout candidatePotential breakout towards 1800 in Lupin, Nifty positive, above average volume as well,
LUPIN Horizontal Line BreakoutLupin has broken from the clear horizontal trendline and candle closing is above the line.
trendline has been retested on the small timeframe as well.
Ready for another up move.
LUPIN ready to breakoutAfter consolidating for a good amount of time after a strong uptrend, the stock is ready to break out. The support on EMA is intact and the volume push supports the break out. Looks good for a short term trade
Entry - Above 1716
SL - Below 1627
Target - 2000+
LUPIN Breakout happend in LUPIN.
This is for educational purpose do your own research before investing
LUPINAfter good consolidation at higher levels finally it is above specific levels.
it can reach till 2000 levels.
Fresh breakout seen.
Lupin - Keep in radar for rectangle Breakout above 1700Lupin Rectangale breakout above 1700.
Good consolidation happening at ATH.
Keep in radar for long position
Lupin technical very strong NSE:LUPIN
1690 above looking good
Target 1800/2000 open......
Technically very strong breakout
Lupin technical very strong NSE:LUPIN
1690 above looking good
Target 1800/2000 open......
Technically very strong breakout
LUPIN
Lupin's stock is showing strong relative strength and is also finding support at its 50 ema. Despite the general market appearing weak, Lupin is holding up well. Keep an eye on this stock.
crossover trade LUPIN buy above 1650
Target 1690, 1710, 1730
SL 1610
price breking out falling channel
MACD showing bullish crossover
Lupin potential for a bullish swingLupin shows potential for a bullish swing, backed by a stoploss at 1590 and a target of 1695. Traders anticipate favorable upward movement in the stock.
Lupin - Multiyear break out? Which way will it go?Hi All,
Lupin seems to be on the verge of multi year breakout. Which way will it go?
Will it come back to 585-600 range or continue to move up.
Please comment.
Keep an eye on Lupin.
Long - LupinAs per price action formation has been made in 1 week TF.
Its a very big move.
Always check the sentiments of the market as per technical analysis, if the pattern get its respect.
Best of luck to all traders.
You are responsible for your Profits and loss, Shared for Educational purpose
Long Lupin lupin has broken out of a 2400 day range. looks good for continuation to top of the range and beyond .. lets see how this progresses from here.
LUPIN BuyWhy...1.Cause it broke price into new territory.....2.Defensives will start moving sooner or later...Also chart pattern break out..Tgt calculated on chart
LUPIN ready for next move upLupin looking good for short term trend capturing at 15 min / 30 min timeframe, the stock is making an inverted head and shoulder at a trendline support which also happens to be a retest level of a recent breakout. As per my analysis, it is a very low risk trade where we have multiple confluence factors.
lupin 1 day time frame buy@ 1243 target @ 1281, 1299 ,1310 lupin 1 day time frame
buy@ 1243 target @ 1281, 1299 ,1310
ascending triangle breakout
risk reward 1.74
its just a view trade @ your own risk
sl@1204
