Lupin Swing idea
1. Current Price*: The stock is currently trading at INR 1,759.30, which is an increase of INR 128.70 or 7.89% from the previous trading day.
2. *Price Range*: The chart shows the stock price fluctuating between approximately INR 1,500 and INR 1,750 over the past several months.
3. *Volume*: The volume bar at the bottom indicates the number of shares traded. There is a significant spike in volume on the current day, suggesting increased trading activity.
4. *Resistance Level*: The purple horizontal line indicates a resistance level around INR 1,700, which the stock has recently broken through.
5. *Earnings Reports*: The "E" icons on the chart indicate the dates of earnings reports. There are several earnings report dates marked, showing the company's financial performance updates.
6. *Indicators*: The chart includes an EMA (Exponential Moving Average) indicator, although it is currently hidden.
7. *Time Frame*: The chart covers a period from around November 2023 to the present day in 2024.
Overall, the chart suggests that Lupin Ltd. has recently experienced a significant price increase, breaking through a previous resistance level with high trading volume.
therefore it has potential to give returns as a swing trade is forming
this post is only for educational purposes
2. *Price Range*: The chart shows the stock price fluctuating between approximately INR 1,500 and INR 1,750 over the past several months.
3. *Volume*: The volume bar at the bottom indicates the number of shares traded. There is a significant spike in volume on the current day, suggesting increased trading activity.
4. *Resistance Level*: The purple horizontal line indicates a resistance level around INR 1,700, which the stock has recently broken through.
5. *Earnings Reports*: The "E" icons on the chart indicate the dates of earnings reports. There are several earnings report dates marked, showing the company's financial performance updates.
6. *Indicators*: The chart includes an EMA (Exponential Moving Average) indicator, although it is currently hidden.
7. *Time Frame*: The chart covers a period from around November 2023 to the present day in 2024.
Overall, the chart suggests that Lupin Ltd. has recently experienced a significant price increase, breaking through a previous resistance level with high trading volume.
therefore it has potential to give returns as a swing trade is forming
this post is only for educational purposes
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