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Check LUPIN Full Analysis At Unicorn Signals
LUPIN Weekly Outlook and Analysis:
For the Week: (April 03, 2023 – April 07, 2023)
BSE: 500257| NSE: LUPIN| ISIN: INE326A01037| SECTOR: PHARMA
Stock closed the Weekly on positive note gaining 1.31%
Lupin Share Price: 648.40
Weekly High: 673.75
Weekly Low: 628.00
Weekly Range: 8.40 Points
Weekly Support & Resistance For Lupin:
| RESISTANCE 2 | 702 |
| RESISTANCE 1 | 675 |
| SUPPORT 1 | 624 |
| SUPPORT 2 | 600 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 624 levels, Minor resistance on the upside is capped around 675 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 @ 600 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 @ 702
Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit predicts range for the Weekly as 702 on upside and 600 on downside.
