Lupin did mistake on 2015 as Aquisition base on debt not on equity. still the stock price facing problems due to that mistake happened in 2015.
Now Till safe level 584 weekly closing basis we can see upside level 800 840 too. However due to falling trend channel along with H&S pattern below 584 we can see more n more fall.
Short term purposes with Stop 636 can go long. for long investment we should wait for proper confirmation on upside move.
View - Just for Studies Purposes
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perfectly support work. now bounce 707+++
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Lupin hitter higher 764+++
Trade closed: target reached
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Lupin reached high 799.65++
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Now - Short Lupin 800 840 CBSL 854 TARGET 700 650 600+++