As per the 2 Hour Chart of LUPIN, we have witnessed a Formation of a “Bullish Harami” along with a confirmation candle all together at the downside levels.
Therefore, we are expecting to witness a bullish momentum in the stock in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 887.40, 899.95, and 913.05. Whereas, on the other hand, on the downside levels, the stock may face a support at the level of 862.95, on closing basis. Closing Price (as on 04.02.22) : 875.15
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