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Published on 26/04/2019 9:29:16 AM | Source: Religare Securities Ltd

Buy Lupin Ltd For The Target Rs.910 - Religare Securities

Posted in Broking Firm Views - Short Term Report| #Lupin Ltd #Pharma Sector #Trading Report #Religare Securities Ltd

 

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Religare Super Ideas

Lupin Limited (LUPIN)

After retesting its crucial support zone around 722 levels, LUPIN has witnessed a sharp recovery of late and surpassed the hurdle of long term moving average ( 200 EMA) on the daily chart. Its chart pattern combined with indication from the pharma index is pointing towards stable up move ahead. We advise initiating fresh long positions as per the levels. 

Recommendation

Buy Lupin Ltd @ 860-865 Stop Loss 840 Target 910 CMP 869.20

 

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