Friday, June 3, 2016

WEEKLY TECHNICAL ANALYSIS OF LUPIN FOR 06 JUNE

LAST WEEKLY RECOMMENDATION:
IN BULLISH MOMENTUM: SRTRANSFIN HIT TGT  1230 MADE HIGH OF 1225
IN BEARISH MOMENTUM: SRTRANSFIN HIT TGT  1160 MADE LOW OF 1156
LOT SIZE: 600
WEEKLY TOTAL PROFIT: 48000 IN JUST TWO LOT
FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>
DAILY CHART FOR SRTRANSFIN:
FUTURE:
“BUY LUPIN ABOVE 1510 TGT 1550/1580”
“SELL LUPIN BELOW 1450 TGT 1400/1380”
One can sell Lupin  with a target of Rs 1390 keeping a stop loss at Rs 1475, Lupin Ltd has informed BSE that the Allotment Committee of Directors at its meeting held on May 31, 2016 has allotted 57949 fully paid up equity shares of Rs. 2/- each. These shares have been allotted upon exercising of options granted to the employees under Stock option plans of the Company. In view of the above, the issued and paid up capital of the Company has been increased to Rs. 90,15,09,490 consisting 45,07,54,745 equity shares of Rs. 2/- each.Today,The Sensex ended with a loss of mere 0.11 points at 26,843. The Sensex opened at 26,919 touched an intra-day high of 27,008 and low of 26,817.The Nifty closed with a loss of mere two points at 8,221. The Nifty opened at 8,246 hit a high of 8,262 and low of 8,214.

TOP GAINERS: Axis Bank,  Bajaj-Auto, Hero MotoCorp, HUL, ICICI Bank, M&M and Coal India
TOP LOSERS: Bharti Airtel, Lupin, BHEL, HDFC, ITC, Dr.Reddy's and L&T 

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