LUPIN

Trades in a Consolidation Zone

is currently in a neutral phase, with the stock moving sideways after a steady recovery from lower levels. Prices are holding above the major support near ₹1,830, but repeated rejections around the ₹2,200–2,250 zone indicate supply at higher levels. Volumes remain average and momentum indicators do not show strong conviction from either side, suggesting range-bound action. A decisive breakout above resistance would turn the trend bullish, while a breakdown below support could shift the bias to the downside.