lupin has been on long term downtrend, today ( 8-6-18) the market is trying to break the major downtrend line, by forming engulfing patterns by candlestick on daily with good volume . we can see opportunity for buying.
great analysis , yes it clearly respected the trend line trading strategy. On 25/01 also it broke, but I think it was a gap up opening which later on corrected throughout the day. this breakout (8-6-18) is strong and positive one. thanks for the analysis