LUPIN LTDViés de alta
Lupin- Long Opportunity!
Atualizado
Lupin - Daily Time Frame Analysis 📈
1️⃣ Breakout Alert
Lupin broke out of resistance at ₹2322.5 with strong volume, forming a Three White Soldiers candlestick pattern.
The breakout is sustaining, trading above the breakout level for the past two days.
Trading Strategy 1:
📌 Entry: ₹2377
🎯 Medium-Term Target: ₹2677
🛑 Stop Loss (SL): ₹2114 (closing basis)
Trading Strategy 2:
-Add 30-50% position at ₹2377.
-Wait for a possible pullback to ₹2219. Upon reversal confirmation, add the remaining 50% position.
⚠️ Note: A pullback to ₹2219 is not guaranteed but reduces risk if it occurs.
💡 Ideal Positional Entry:
The optimal entry was at ₹2220, marking the breakout of a Double Bottom pattern.
Sectoral Outlook:
📊 Nifty Pharma is performing better than most sectors, showing relative strength.
Risk Management Matters
⚠️ Proper position sizing is critical. It can make or break your trade.
📉 Caution: The broader market trend remains bearish, and confirmation of a sustained trend is still pending.
#lupin #StockMarketIndia
1️⃣ Breakout Alert
Lupin broke out of resistance at ₹2322.5 with strong volume, forming a Three White Soldiers candlestick pattern.
The breakout is sustaining, trading above the breakout level for the past two days.
Trading Strategy 1:
📌 Entry: ₹2377
🎯 Medium-Term Target: ₹2677
🛑 Stop Loss (SL): ₹2114 (closing basis)
Trading Strategy 2:
-Add 30-50% position at ₹2377.
-Wait for a possible pullback to ₹2219. Upon reversal confirmation, add the remaining 50% position.
⚠️ Note: A pullback to ₹2219 is not guaranteed but reduces risk if it occurs.
💡 Ideal Positional Entry:
The optimal entry was at ₹2220, marking the breakout of a Double Bottom pattern.
Sectoral Outlook:
📊 Nifty Pharma is performing better than most sectors, showing relative strength.
Risk Management Matters
⚠️ Proper position sizing is critical. It can make or break your trade.
📉 Caution: The broader market trend remains bearish, and confirmation of a sustained trend is still pending.
#lupin #StockMarketIndia
Trade ativo
Entry triggered and closed above Entry Level. 
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