IIT-Trader

LUPIN--Bearish from 810 range??

Long
NSE:LUPIN   LUPIN LTD
Observations::
the stock is trending upwards in daily time frame.
now the price is facing resistance @800 range.
If price breaks this resistance we have an immediate resistance @810 range.
now the stock is looking weak in buyside, if it will sustain above 800-810 range we will observe some bullish momentum again.
if price breaks 770 range we will observe fall till 740 range, keep track this instrument.
we have demand zone @700 range, will acts as support.

keep use alerts in this stock at respected levels.


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