2024-07-01 11:00:56 am | Source: Religare Broking
Stock of the day : Lupin Ltd. For Target Rs.1715 - Religare Broking
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
Please refer disclaimer at https://www.religareonline.com/disclaimer
SEBI Registration number is INZ000174330
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Company Update : Rural Electrification Corporation L...
Centre disbursed Rs 964 crore to electronics sector ...
Krystal Integrated Services delivers strong financia...
Zupee Brings Salman Khan`s Signature Quirk to Its Ne...
Company Update : Bajaj Finance By Motilal Oswal Fina...
Centre notifies new Income-Tax Rules for non-residen...
Gold Advances to $2,750 Amid Trade Uncertainty and R...
Temperature Rise in North Won't Affect Rabi Crops by...
Company Update : HDFC Bank By Motilal Oswal Financia...
Pre budget Quote on IT Industry by Pradyumn Sharma, ...
