LUPIN NEWS why is Lupin Limited price falling or rising

LUPIN NEWS reasons for why stock price of Lupin Limited is falling or rising

LUPIN Lupin is falling or rising technical reasons

Technical analysis forecast for Lupin Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Lupin LUPIN at this time. Stock is falling and might fall more.

It appears as if Lupin LUPIN gave a large move recently.

Stock of Lupin (LUPIN) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Lupin is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1593.3 as stoploss in an intra day buy trade for a target of 1608.54. However, stock will show a bearish move below 1593.3.

LUPIN Lupin is falling or rising NEWS fundamental reasons

Company Announcement - NEWS as on 2024-04-18

Buy Lupin; target of Rs 1868: Sharekhan Sharekhan is bullish on Lupin has recommended buy rating on the stock with a target price of Rs 1868 in its research report dated April 15, 2024. - NEWS as on 2024-04-16 moneycontrol.com

Lupin gains as Gujarat unit clears USFDA inspection Lupin rose 1.19% to Rs 1,624.65 after the company said that its API manufacturing facility located at Dabhasa, Gujarat has completed the United States Food and Drug Administration (USFDA) inspection with no observations. - NEWS as on 2024-04-12 business-standard.com

Company Announcement Lupin Limited has informed the Exchange regarding a press release dated April 12, 2024, titled "U.S. FDA Completes Inspection of Lupin s Dabhasa Facility with No Observations.". - NEWS as on 2024-04-12

Company Announcement Lupin Limited has informed the Exchange about Loss of Share Certificates - NEWS as on 2024-04-08

Company Announcement Lupin Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 - NEWS as on 2024-04-05

Company Announcement Lupin Limited has informed the Exchange regarding a press release dated April 03, 2024, titled "Lupin Appoints Dr. Ranjana Pathak as Chief Quality Officer.". - NEWS as on 2024-04-03

More announcements and NEWS

LUPIN Lupin Limited current price & indicator signals

Moving Averages for Lupin Limited

  • 5Day Average: 1608.29
  • 12Day Average: 1607.05
  • 20Day Average: 1604.19
  • 50Day Average: 1614.08
  • 100Day Average: 1475.89
  • 150Day Average: 1371.25
  • 200Day Average: 1281.57

LUPIN Indicators & signals

Indicator MACD (12,26,9)

1607.32, 1606.9, 2.4
Indicator MACD is in positive zone

Indicator ADX (14)

15.83, 16.99, 12.34
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 53
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of LUPIN Lupin Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
18 Thu Apr 2024 1594.05 1590.25 to 1634.45 -1.08% 0.78 times
16 Tue Apr 2024 1611.45 1600.10 to 1636.95 0.15% 0.8 times
15 Mon Apr 2024 1609.10 1597.80 to 1640.95 -0.81% 1.45 times
12 Fri Apr 2024 1622.25 1597.90 to 1641.95 1.1% 1.38 times
10 Wed Apr 2024 1604.60 1600.05 to 1643.30 -0.07% 1.56 times
09 Tue Apr 2024 1605.65 1595.40 to 1626.95 -0.39% 0.57 times
08 Mon Apr 2024 1612.00 1585.05 to 1622.20 0.8% 1.34 times
05 Fri Apr 2024 1599.25 1587.25 to 1611.75 0.76% 0.99 times
04 Thu Apr 2024 1587.25 1583.45 to 1614.00 -1.13% 0.69 times
03 Wed Apr 2024 1605.40 1599.00 to 1621.00 -0.28% 0.55 times
02 Tue Apr 2024 1609.90 1601.25 to 1621.85 -0.85% 0.67 times
01 Mon Apr 2024 1623.75 1608.60 to 1684.75 0.43% 1.61 times

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LUPIN NEWS why is Lupin Limited price falling or rising

 

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