Lupin has been correcting from last 2 years. Price wise it has corrected more than 50%. The decline looks like a complex corrective wave pattern (WXY). 61.8% retracement level is at 1026. Also we can spot divergence in RSI in weekly+ daily charts. Expecting Lupin to bottom out around current levels.
Investors can look to accumulate at these levels, It should give you returns more than your FD or Mutual fund.
Investors can look to accumulate at these levels, It should give you returns more than your FD or Mutual fund.
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good bounce , hope this stays