Monday 10 November 2014

Positional call

Buy Lupin Labs Ltd.Cmp.  1419.35 Target 1st 1470; 2nd 1894; Stop Loss 1360.The Stock has given an inverted H&S in daily & a Flag pattern breakout in daily as well as weekly line chart. A big white body in daily & stick sandwich in weekly candle stick pattern formation supporting strong upside moment in stock. The stock has running above all major DMA in daily & weekly chart. Barring to RSI & stochastic in weekly  oscillator rest all other oscillators are at positive mode in daily as well as in weekly charts, in combine with there has positive cross over in MSCD in daily chart. The target will be achieved 1st in month & 2nd with in 2 & half month, as it has taken ~2 mths for H&S & 5mth & ~12 days for Flag pattern formation.Financial: Compounded Sales Growth Compounded Profit Growth Return on Equity   10 YEARS: 27.56% 40.02% 30.23%   5 YEARS: 23.99% 28.79% 29.01%   3 YEARS: 24.99% 29.00% 28.09%   TTM: 23.71% 47.30% 30.26%(Last Year)

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