LUPIN - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 4.1

Here’s a detailed breakdown of Lupin Ltd’s technical setup and momentum signals

📊 Trend Analysis

Current Trend: Consolidation breakout

The stock recently broke out of a 5-month consolidation phase, supported by strong volume and bullish momentum

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Trading near its 52-week high with bullish sentiment across moving averages and oscillators.

📈 Chart Patterns & Indicators

Candlestick Patterns: Bullish engulfing and Harami patterns observed on weekly and monthly charts, indicating potential upside

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Moving Averages

50 DMA: ₹1,960 — price is slightly above, indicating short-term strength.

200 DMA: ₹1,981 — price is also above, confirming medium-term bullishness.

RSI (14): 58.2 — in bullish territory but not overbought.

MACD: -1.15 — slightly bearish crossover, but flattening out, suggesting a potential reversal.

Bollinger Bands: Price is near the upper band, indicating momentum but also caution for volatility.

Volume: 9.16L vs 1-week avg of 6.97L — above average, confirming breakout strength.

📌 Support & Resistance Zones

Level Type Price (₹)

Immediate Support 1,964 – 1,945

Strong Support 1,910 – 1,929

Resistance Zone 1,999 – 2,015

Major Resistance 2,037 – 2,060

Trendlines show a descending triangle breakout with upside potential toward ₹2,100–₹2,200

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🚀 Momentum Signals

Short-Term Entry Zone: ₹1,960–₹1,985 (on pullbacks near support)

Exit Zone / Target: ₹2,050–₹2,100 (near resistance or trailing stop)

Stop Loss: ₹1,929 (below pivot support)

📌 Conclusion

Momentum: Bullish with strong volume and breakout confirmation.

Trend Status: Trending upward post-consolidation.

Outlook: Positive in short to medium term, especially if MACD turns positive and RSI climbs above 60.

Would you like a visual chart or a comparison with peers like Sun Pharma or Cipla?

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