algomojo

Lupin Potential Short Covering Rally

Long
algomojo Updated   
NSE:LUPIN   LUPIN LTD
Lupin price is in onsecutive slide mode for last 6 days. Momentum Sellers driven the price down possiblly now the momentum got exhausted. Time to looks for potential short covering rally towards 784 and higher within 1-2 days timeframe.
Trade closed: stop reached:
Time based stop reached - 2 days timeframe got over.
Thought some other bullish setup holds current pattern gets invalidated.

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