Wednesday, March 19, 2014

Lupin Ltd :- Risky Trading Call( Technical Analysis Mumbai India Trading).

For past 15 days Lupin is in a downtrend with declining volumes. Today lupin has made a bullish harami pattern. It has also broken 3 days short term downtrend line. This call is a risky call because we are taking it without confirmation.


Below image shows 3 days downtrend line broken. It is a extremely short term call with profit of 5% to 10%.


Stochastic and RSI also looking encouraging.





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