8/4/2019 Daily Morning Update 05 Oct 2011
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DAILY TRADING HIGHLIGHTS & OUTLOOK 05 Oct, 11
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Lupin CMP` 464.45Technical Outlook & Trading
Strategy:-Theshare price of Lupin has registered a close be low its
cluster of moving averages. The mo mentum indicator on thedaily
chart is also in a bearish zone suggesting more downside in the
stock. We believe that the share price coulddecline towards the
levels of ` 448 /` 440 levels.We recom mend traders to sell in the
range of `462 ` 466 levels with a stop loss placed above `474.6
levels
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