Tuesday, May 28, 2019

Nifty UPL Lupin

support and resistance about Nifty stocks


Good Morning and Wish You a Happy Trading Session


Key Support-Resistance level of Nifty Future


*     Yesterday written about the first resistance 11957.50, Nifty Future made high 11960.

*     Vital support of the day is 11858.80; below this crucial support is 11772.20.

*     Now above 11979.85 or 11983.40 tough hurdle to cross is 12035.80.



upl logo

UPL:

On 21st May this stock made high 1043.60, yesterday also made high 1043.75. now closing above 1069 the stock may run to 1285.50 within couple of weeks.


Lupin logo


Lupin:

On 28th March’2019 the stock made low 719.80, and from there take a bounce back, yesterday it made low 720 again.

Vital support of the day is 702.85/702…..Closing below the mentioned level the stock will take next support at 610.20 within next month.

And hurdle may be 735/739 (intraday).

Yesterday our advice (Intraday) on Lupin:


“Buy 250 Lupin @727 SL 724 Target 750/752” Target achieved successfully. 

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