LUPIN LTD Analysis

FOR LEARNING PURPOSE

LUPIN LTD - The current price of LUPIN LTD is 1770.20 rupees

I am going to buy this stock because of the reasons as follows-

1. Its coming out from a good consolidation base

2. Its making a new high. Its breaking resistance of last 8 year

3. It is showing better relative strength as it stood strong in volatile times

4. The risk and reward is favourable

5. We bought this stock in month of November 2024 and then it moved up, went into consolidation and now coming out,so buying again

6. The recent results has been great and it will act as bonus

7. It has got a resistance around 2127 rupees. Break that resistance and we will make a new ATH. That will give more power

I will buy it with minimum target of 35-40% and then will trail after that.

My SL is at 1540 rupees
I will be managing my risk.