Stock of the day : Lupin Ltd. For Target Rs.1715 - Religare Broking
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Lupin Ltd.
* Pharma index has rebounded from the key support zone and LUPIN is offering fresh buying opportunity with favorable Risk to Reward.
* The stock has managed to hold its key demand zone and have rebounded strongly with decent volumes.
* It has recorded a breakout from falling resistance trendline and have reclaimed its short term moving average i.e. 20 DEMA.
* Traders can consider fresh longs in the mentioned range.
BUY Lupin Ltd. CMP 1621.35 Range 1620-1624 SL 1578 Target 1715
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SEBI Registration number is INZ000174330
