Technical View: Lupin Ltd. (Daily chart – 26-12-2016)
Company Name: Lupin Ltd.
NSE Ticker: LUPIN
SECTOR: PHARMACEUTICALS
Analysis Date: 26 December 2016
LTP: 1399.05
Fundamental Strength: Strong
Stock Trading Strategy: Buy on Dips
The Bollinger Band Squeeze Strategy
Bollinger bands are a measurement of the volatility of price above and below the simple moving average. John Bollinger noted that periods of low volatility are followed by periods of high volatility, so when we notice the Bollinger bands ‘squeeze’ in towards each other, we can infer that a significant price movement may be on […]