2025-11-20 11:42:12 am | Source: Religare Broking Ltd
Stock of the day : Lupin Ltd by Target Rs. 2150 - Religare Broking Ltd
Lupin Ltd
Buy Lupin Ltd CMP 2025.40 Range 2022-2026 SL 1960 Target 2150
* The pharma index is witnessing base formation, and LUPIN is moving largely in sync with this trend.
* The stock has established a strong base above its key moving average ribbon, highlighting effective downside absorption.
* It has also broken out of a multi-month corrective phase in the form of a triangle pattern, indicating the start of a fresh upward leg.
* Traders may consider long positions near current levels to align with the strengthening bullish structure and participate in the developing uptrend.
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