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LUPIN

Lupin Outlook for the Week (Mar 27, 2023 – March 31, 2023)

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LUPIN Weekly Outlook and Analysis:

For the Week: (Mar 27, 2023 – March 31, 2023)

Lupin Outlook for the Week (Mar 27, 2023 – March 31, 2023)

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

Stock closed the Weekly on negative note loosing 2.59%

Lupin Share Price: 640.00

Weekly High: 663.00

Weekly Low: 638.35

Weekly Range: 17.00 Points

Weekly Support & Resistance For Lupin:

RESISTANCE 2672
RESISTANCE 1656
SUPPORT 1631
SUPPORT 2622
Lupin Outlook for the Week (Mar 27, 2023 – March 31, 2023)

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 631 levels, Minor resistance on the upside is capped around 656 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 @ 622 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 @ 672

Stock is trading below  200 days exponential moving average, suggests long term trend is bearish. EquityPandit predicts range for the Weekly as 672 on upside and 622 on downside.

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