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Check LUPIN Full Analysis At Unicorn Signals
LUPIN Weekly Outlook and Analysis:
For the Week: (May 02, 2022 – May 06, 2022)
Check LUPIN Full Analysis At Unicorn Signals
BSE: 500257| NSE: LUPIN| ISIN: INE326A01037| SECTOR: PHARMA
Stock closed the Weekly on Negative note losing –1.27 %
Lupin Share Price: 744.65 (NSE)
Weekly High: 767.85
Weekly Low: 723.00
Weekly Range: 44.85 Points
Weekly Support & Resistance For Lupin:
| RESISTANCE 2 | 815 |
| RESISTANCE 1 | 784 |
| SUPPORT 1 | 736 |
| SUPPORT 2 | 717 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 736 levels, Minor resistance on the upside is capped around 784 levels.
If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 717 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 815
Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit predicts range for the Weekly as 815 on upside and 717 on downside.
