Lupin Outlook for the Week (Aug 24,2020 – Aug 28,2020)

ASSISTANCE 1.
925.00.

RESISTANCE 2.
1148.00.

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Lupin Share Price: 981.40 (NSE).

Weekly Support & & Resistance For Sun Pharma:.

Stock is trading below 200 days exponential moving average, recommends long term pattern is bearish. EquityPandit anticipates range for the Weekly as 1200 on benefit and 800 on disadvantage.

Stock closed the Weekly on unfavorable note losing -3.61%.

SECTOR: PHARMA.

Weekly Low: 975.20.

Technically on the everyday charts EquityPandits Analyst see: Minor support on the drawback lies at 925 levels, Minor resistance on the advantage is topped around 1090 levels.

Weekly Range: 59.80 Points.

On the day-to-day chart we can see that, stock is revolving between in called till now and Stochastic RSI reveals some positive strength in stock but the SMA 200 and resistance can stop its run. Once the stock cross above 950 we can see the level of 1000.

SECTOR: PHARMA.

If stock breaches small support on the downside and closes listed below it we may see fresh break down and stock can drag towards Major Support on lower side @ 879 and If stock breaches small resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 1148.

For the Week: (Aug 24,2020– Aug 28,2020).

RESISTANCE 1.
1090.00.

Weekly High: 1035.00.

ASSISTANCE 2.
879.00