Ascending Triangle Look for LUPIN
Lupin is very close to its ascending triangle breakout so I would suggest only BUY calls for Lupin.
Don't think about shorting Lupin as long as it is taking support on the trendline.
On 15-min timeframe, it has the support of EMA 200.
If the Pharma Sector tomorrow goes up, you can easily achieve the target for about 2% in Lupin if not, it may take some more time to breakout.
I would suggest a target of ₹1245 and buy only above ₹1220.
Trade only if opens in an upward direction, otherwise, it will again hopefully take support from its existing trendline.
All the best.
Keep learning, keep trading.
Don't think about shorting Lupin as long as it is taking support on the trendline.
On 15-min timeframe, it has the support of EMA 200.
If the Pharma Sector tomorrow goes up, you can easily achieve the target for about 2% in Lupin if not, it may take some more time to breakout.
I would suggest a target of ₹1245 and buy only above ₹1220.
Trade only if opens in an upward direction, otherwise, it will again hopefully take support from its existing trendline.
All the best.
Keep learning, keep trading.
免責聲明
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。