Buy Lupin for the target prices of Rs 582/587/Higher with a stop loss of Rs 567: ICICIDirect

Source : SIFY
Last Updated: Thu, Oct 18, 2012 04:37 hrs

We said, "some positive action may be seen initially. However, bias -ve until top of Engulfing candle gets crossed." Index opened 127 pts higher, but lost 170 pts intra-day, and settled a marginal 33 pts or 0.1% higher. No sector moved more than 0.6% +/-, and the A/D ratio remained negative, though marginally.


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