Equity-Earningz

LUPIN - Bullish Flag Breakout

Long
Equity-Earningz Mis à jour   
NSE:LUPIN   LUPIN LTD
Bullish Flag - Continuation Chart Pattern.

Do your own due diligence before entering any trade.
Set Stop-loss as per your trade and money management.
Transaction en cours
Commentaire:
Technical Update - April 29, 2020. 13:10
--------------------------------------------------------------------------------------------------
Lupin after a bullish Flag Breakout it went to 906 from 855 and made a swing high.
It falls back from 906 and currently trading at the previous top or previous swing high level.
A classic example of Resistance becomes Support.
Expecting Lupin to reach 950+ in May series. Cmp 863

Commentaire:
Lupin stop-loss is at 785.

Commentaire:
Commentaire:
After a Bullish Flag Breakout at 855, it went to 905 and fell back to the consolidation zone. It's still consolidating with an upward bias. Lupin formed a falling wedge pattern and now trading at supply or resistance zone. Revising Stop-loss from 785 to most recent pivot at 805.

Upside target is 950.

Lupin forming a Head & Shoulder pattern as well, a fall below 800 will confirm the Head & Shoulder reversal.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.