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LUPIN

Lupin Outlook for the Week (March 21, 2022 – March 25, 2022)

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LUPIN Weekly Outlook and Analysis:

For the Week: (March 21, 2022 – March 25, 2022)

Lupin Outlook for the Week (March 21, 2022 – March 25, 2022)

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

Stock closed the Weekly on Positive note gaining 2.33 %

Lupin Share Price: 765.35 (NSE)

Weekly High: 771.10

Weekly Low: 733.20

Weekly Range: 37.90 Points

Weekly Support & Resistance For Lupin:

RESISTANCE 2802
RESISTANCE 1775
SUPPORT 1699
SUPPORT 2651

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Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 699 levels, Minor resistance on the upside is capped around 775 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 @ 651 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 @ 802

Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit predicts range for the Weekly as 802 on upside and 651 on downside.

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