LUPIN - A QUICK SWING TRADE POTENTIAL ON A COUNTER-TREND
LUPIN
cmp 735
Long above 750 suggested.
Stop 715.
Target 800 plus.
Logic:
1) Stock trading at support zone.
2) Bullish divergence in MACD observed.
3) Support zone + Bullish divergence has had a strong counter trend rally in the past.
cmp 735
Long above 750 suggested.
Stop 715.
Target 800 plus.
Logic:
1) Stock trading at support zone.
2) Bullish divergence in MACD observed.
3) Support zone + Bullish divergence has had a strong counter trend rally in the past.
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