Check LUPIN Full Analysis At Unicorn Signals

LUPIN Weekly Outlook and Analysis:

For the Week: (Aug 29, 2022 – Sept 02, 2022)

Check LUPIN Full Analysis At Unicorn Signals

BSE: 500257| NSE: LUPIN| ISIN: INE326A01037| SECTOR: PHARMA

Stock closed the Weekly on Negative note loosing 5.26%

Lupin Share Price: 652.70

Weekly High: 703.80

Weekly Low: 650.85

Weekly Range: 36.25 Points

Weekly Support & Resistance For Lupin:

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 633 levels, Minor resistance on the upside is capped around 686 levels.

If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 615 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 721

Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit predicts range for the Weekly as 721 on upside and 615 on downside.