Lupin Outlook for the Week Sept 28,2020 – Oct 01,2020)

BSE: 500257

For the Week: Sept 28,2020– Oct 01,2020).

RESISTANCE 1.
1127.00.

If stock breaches small assistance on the downside and closes listed below it we might see fresh break down and stock can drag towards Major Support on lower side @ 879 and If stock breaches small resistance on the advantage and closes above it we might see fresh breakout and stock can head towards Major Resistances Level @ 1180.

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Weekly Range: 126.60 Points.

SECTOR: PHARMA.

RESISTANCE 2.
1163.00.

Lupin Share Price: 998.90 (NSE).

Stock is trading below 200 days rapid moving average, suggests long term pattern is bearish. EquityPandit forecasts range for the Weekly as 1200 on benefit and 770 on drawback.

Weekly Support & & Resistance For LUPIN:.

ASSISTANCE 1.
1139.00.

Weekly Low: 971.25.

Stock closed the Weekly on negative note losing– 8.01%.

SUPPORT 2.
1007.00

Technically on the daily charts EquityPandits Analyst see: Minor assistance on the downside lies at 925 levels, Minor resistance on the upside is topped around 1040 levels.

Weekly High: 1097.85.