After spending nearly a week around Rs 830, it has surged strongly on Monday and completed the formation of fresh buying pivot.
Moneycontrol News
@moneycontrolcom
Jayant Manglik
Religare Broking
In line with other pharma majors, Lupin also witnessed some decent profit taking and retraced closer to its immediate support around Rs 830.
After spending nearly a week around that zone, it has surged strongly on Monday and completed the formation of fresh buying pivot. We advise initiating fresh longs within Rs 870-880. It closed at Rs 886.80 on October 15, 2018.
First Published on Oct 16, 2018 01:33 pm
