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Lupin bullish piercing pattern formed with significant volume
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Stock Ticker – NSE: LUPIN – Lupin Ltd. – PHARMA
Bullish Trade plan:
Entry Level 793.5 Target 812 Stoploss 774.9
Analyst Rating – :3/5
View Posted on 2019-12-05
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Nice work!
Hi Naresh – here all the conditions seem to satisfy the piercing pattern, but still the price didn’t increase. Any specific reason?
These patterns work very well, especially when they appeared after a strong decline in price.
thnks
thnks stop loss hit