LUPIN LTD
Pembelian
Diupdate

Lupin - Short covering candidate

270
Lupin after opening gap down on 13th Feb has done some base formation on hourly time frame, above the marked resistance level it has a potential to trigger some short covering and hit around 50% pullback zone.
There is a hint of short covering visible in option chain as well and below the 680CE chart for reference.
Keep this setup in radar

This isn't a trade recommendation but just an education post for learning purpose


cuplikan
Order dibatalkan
Price didn't moved above the resistance zone .
Catatan
Albeit a month late, the move did came
cuplikan

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.