Buy Lupin, target price Rs 1230: wavesadvisory

waveasdvisory has buy call on Lupin NSE 1.62 % with a target price of Rs 1230. The current market price of Lupin is Rs 1028.80

Lupin Ltd., incorporated in the year 1983, is a Large Cap company (having a market cap of Rs 45351.23 Crore) operating in Pharmaceuticals sector.

Confirmation to Buy Lupin @ 1020 to1040 odd levels

Invalidation level @ 875

Positional Target: 1175, 1230, 1430

Expected return - 35.21% in next 1 to 12 weeks

“when the weather is sunny, institutions have a greater propensity to buy stock.”

John R Nofsinger,

Disclaimer - Any of my investment or trades I share on my blog are provided for educational purposes only and do not constitute specific financial, trading or investment advice. The blog is intended to provide educational information only and does not attempt to give you advice that relates to your specific circumstances.

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