![]() ![]() However, there is a smaller resistance level at ₹1220 that the stock needs to overcome. The Relative Strength Index (RSI) at 67 suggests that there is strength in the stock. ![]() The stock has bounced from the support of 1140 which is also close to its 20 Day EMA levels.įurthermore, the fact that the stock is trading above key moving averages, including the 20-day, 50-day, and 200-day EMAs, indicates that it has exhibited consistent upward momentum across various timeframes. The technical analysis provided for LUPIN stock suggests a generally positive outlook. Lupin share price is currently trading at ₹1187.90 levels. With a medium-term target price of ₹975, we advise purchasing TATACONSUM at the CMP of ₹913.35, it can also be added on dips near ₹885 If the price closes below ₹870, our analysis will be regarded as being invalid.Ģ] Lupin: Buy at ₹1188, target ₹1265, stop loss ₹1140. The stock has crossed the all-time high levels and given a breakout with good volumes indicating strength. Global market update: Wall Street weighed down by inflation jitters It's also trading above other key moving averages, which further reinforces the bullish sentiment. The Relative Strength Index (RSI) at 66 suggests that the stock is in a balanced state, neither overbought nor oversold, indicating a stable trend.įurthermore, the stock has crossed above its 20-day Exponential Moving Average (EMA) and closed above it, which is often considered a bullish sign. The stock is currently displaying several positive technical indicators in its trading pattern. Tata Consumer share price is currently trading at 913.35 levels.
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