Lupin Outlook for the Week (Oct 12,2020 – Oct 16,2020)

Weekly Support & & Resistance For Lupin:.

Weekly High: 1055.85.

RESISTANCE 1.
1127.00.

Stock is trading below 200 days exponential moving average, suggests long term pattern is bearish. EquityPandit predicts variety for the Weekly as 1200 on advantage and 950 on drawback.

On the everyday chart we can see that, stock is break really important resistance here and Stochastic RSI reveals some positive strength in stock but the SMA 200.

RESISTANCE 2.
1163.00.

For the Week: (Oct 12,2020– Oct 16,2020).

If stock breaches minor assistance on the disadvantage and closes below it we might see fresh break down and stock can drag towards Major Support on lower side @ 968 and If stock breaches minor resistance on the benefit and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 1163.

Weekly Low: 1012.65.

Lupin Share Price: 1029.20 (NSE).

Technically on the everyday charts EquityPandits Analyst see: Minor support on the disadvantage lies at 1006 levels, Minor resistance on the advantage is topped around 1127 levels.

BSE: 500257

Weekly Range: 43.20 Points.

Stock closed the Weekly on positive note gaining +0.13%.

SUPPORT 2.
968.00

.

SECTOR: PHARMA.

ASSISTANCE 1.
1006.00.