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LUPIN

Lupin Outlook for the Week (July 18, 2022 – July 22, 2022)

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LUPIN Weekly Outlook and Analysis:

For the Week: (July 18, 2022 – July 22, 2022)

Check LUPIN Full Analysis At Unicorn Signals

BSE: 500257| NSE: LUPIN| ISIN: INE326A01037| SECTOR: PHARMA

Stock closed the Weekly on Positive note gaining 0.92%

Lupin Share Price: 640.85 (NSE)

Weekly High: 653.85

Weekly Low: 631

Weekly Range: 5.85 Points

Weekly Support & Resistance For Lupin:

RESISTANCE 2663
RESISTANCE 1651
SUPPORT 1629
SUPPORT 2619

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 629 levels, Minor resistance on the upside is capped around 651 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 @ 619 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 @ 663

Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit predicts range for the Weekly as 663 on upside and 619 on downside.

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