L

LUPIN.NSE

LUPIN - Weekly chart ( Technical Analysis )

Equities

Short-term

1 month ago

Lupin is exhibiting a Cup & Handle pattern on the weekly timeframe. The cup formation appears completed, and the stock is currently trading near the neckline resistance zone. The handle formation is yet to develop and may form in the coming sessions before any decisive breakout.

A sustained move above the neckline after handle formation could support further upward momentum and confirm the pattern.

Resistance: ₹2,250–₹2,325
Support: ₹2,050–₹2,100
Major Support: ₹1,600–₹1,750

Outlook:
Overall structure remains constructive with bullish pattern development in progress. Completion of handle and breakout above resistance will be key for trend continuation.

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Posted by

VITHULDAS

Moderator

1 month ago

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