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Tuesday, 13 June 2017

LUPIN FUTURE TRADING TIP FOR 14 JUNE 2017

BUY LUPIN ABOVE 1180 TGT 1200/1220 SL 1160

FOR LIVE MARKET CALLS PING ME ON 09039542248


LUPIN is looking weak on charts however it is accumulating above its major support level 1150 and recently has given breakout of its previous major resistance level 1180 on closing basis, now next resistance for LUPIN is of 1200; it is likely to experience fresh buying with the crossing of mentioned level, where one may keep the targets of 1200,1220 in the stock with the stop loss of 1160. Overall trend of the stock is bullish and after experiencing correction from the higher level. as it is managing to sustain ABOVE  its 22 days moving averages with the RSI of 42. Then one may keep the targets of 1270  in the stock with the stop loss of 1150.200 EMA seen as a strong resistance level at 1423.

DAILY CHART FOR LUPIN

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