LUPIN LTDLong
Sector Major with bookish setup; hard to miss
Rational: Sector is outperforming the overall market. On Day TF:
1. Breakout after around 3 months.
2. Expected to continue previous uptrend after a pullback and accumulation.
3. Breakout of important level with strong candle supported by substantially high volume.
5. Entry above the high of breakout candle & SL to be the low of same candle; hence SL would be less than 5%.
6. Trail profit with 9 EMA.
1. Breakout after around 3 months.
2. Expected to continue previous uptrend after a pullback and accumulation.
3. Breakout of important level with strong candle supported by substantially high volume.
5. Entry above the high of breakout candle & SL to be the low of same candle; hence SL would be less than 5%.
6. Trail profit with 9 EMA.
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