2026-01-09 10:16:09 am | Source: Religare Broking Ltd
Stock of the day : Lupin Ltd by Target Rs. 2340 - Religare Broking Ltd
Lupin Ltd
Buy Lupin Ltd CMP 2190.90 Range 2188-2192 SL 2115 Target 2340
* LUPIN maintains a robust bullish technical structure, with price action consistently sustaining above rising short-and medium-term moving averages.
* Corrective phases remain limited, highlighting persistent accumulation on declines, while momentum indicators continue to signal positive bias.
* The formation of higher highs and higher lows confirms trend stability, supported by improving volume participation.
* The technical setup indicates strength and present a favorable environment for initiating long positions.
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