Lupin

Fibb Arcs

Fibonacci Wedge – 

Sell at Current Levels, Targets – Rs 880

Consolidation area between Rs 875- Rs 980

Breakdown below the consolidation area can take Lupin to Rs 600 – Rs 700 area 

Moving Averages – 

Lupin Avg.jpg

 

Currently trading below 50-day Moving Average Exponential

Closed just above 100- Day Moving Average Exponential @ 1053

Any break below the 100-Day EMA can take Lupin near 200-Day EMA, around Rs 630

Bharat Forge

Bharat Forge

Fibonacci Arcs

Sell –

Below Rs 1058, Targets – Rs 900, Rs 875

Buy –

Above Rs 1135, Targets – Rs 1260, Rs 1350

 

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