BombayBulls
Long

Lupin - Long Term View - 5/10/2018

NSE:LUPIN   LUPIN LTD
Lupin LTD is still stuck in well entrenched downtrend. The moment it tries to gather itself up, some bad news hits the stock. Latest development is that USA is moving towards some kind of price manipulation of drugs. This news has hit majority of Indian pharmaceutical company stocks and they all are moving in the same downward direction.
But well, we all know how the collusion between politics and industry works. Especially pharma industry is difficult to take on. Eventually there will be some ways to boost the profitability again. My view is to take advantage of any such development and buy pharma stocks. Next interesting range to trade Lupin will be around 600.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Pine Wizards Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out