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LUPIN

Lupin Outlook for the Week (Mar 13, 2023 – March 17, 2023)

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LUPIN Weekly Outlook and Analysis:

For the Week: (Mar 13, 2023 – March 17, 2023)

Lupin Outlook for the Week (Mar 13, 2023 – March 17, 2023)

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

Stock closed the Weekly on negative note loosing 1.02%

Lupin Share Price: 656.10

Weekly High: 669.50

Weekly Low: 649.35

Weekly Range: 6.75 Points

Weekly Support & Resistance For Lupin:

RESISTANCE 2678
RESISTANCE 1667
SUPPORT 1647
SUPPORT 2638
Lupin Outlook for the Week (Mar 13, 2023 – March 17, 2023)

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 647 levels, Minor resistance on the upside is capped around 667 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 @ 638 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 @ 678

Stock is trading below  200 days exponential moving average, suggests long term trend is bearish. EquityPandit predicts range for the Weekly as 678 on upside and 638 on downside.

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