Lupin – A breakout on cards to take it to 600 if closes above 551.




Disclosure- Have just initiated a buy at 550 odd levels with a small stoploss of 540.

May review the stock on how it closes today and tomorrow.


  1. Venkat
    June 12, 2012

    Hi Nooresh,
    Unfortunately Lupin has broken down below and now quoting at 511. Would the levels of 490-495 hold good and reverse up from there? Your views please.

    1. Nooresh
      June 12, 2012

      Yes the supports are now placed at 490-495. Defensives getting out of favor. Got a bad hit here.


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