Stock To Watch For Tomorrow (Monday)
Lupin has closed at 1549 level and its looking in a bull mode for coming trading session as it has a strong support zone at 1505 to 1470 level while it has a resistance at 1569 and if it breaks this level then it may get 1595 level too. But in technical chart Lupin is looking somehow week.
Upside movement was seen in Lupin in the zone of 1571. The immediate resistance level is placed in the zone of 1569-1595. On the downside, 1505-1470is strong support. The trend is expected to be in upward direction till Lupin trading above 1571. The MACD is also generates buying single there is positive crossover on weekly chart. RSI is on bullish direction. CCI is also going to cuts “0” line from lower side.
Stock Call For Tomorrow: Sell on highs can be considering the stop loss of 1608.