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2025-11-04 10:53:53 am | Source: Religare Broking Ltd
Stock of the day : Lupin Ltd by Target Rs. 2120 - Religare Broking Ltd
Stock of the day : Lupin Ltd by Target Rs. 2120 - Religare Broking Ltd

Lupin Ltd

Buy Lupin Ltd CMP 1983.80 Range 1980-1985 SL 1915 Target 2120

* The stock is exhibiting renewed strength as prices move above key short-term averages alongside rising volumes, indicating active accumulation.

* The emerging pattern of higher lows reflects effective downside absorption and strengthening upward momentum.

* With prices closing firmly above 20, 50 and 100 EMAs and momentum conditions are also improving, selling pressure appears to be easing.

* Traders may evaluate long opportunities near current levels to align with the prevailing bullish structure and capitalize on the developing positive trend.

 

 

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