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Chances of Breakout

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NSE:LUPIN   LUPIN LTD
LOGIC AND IMPORTANT LEVELS MENTIONED BELOW:
1-Lupin was in a bearish trend today from morning itself ,later in the afternoon , it tried to break the immediate resistance but failed miserably.
-Instead , it fell down more and is now testing the Immediate resistance.
-As you can see from the chart itself ,this stock has been in a bearish trend for a while now.
-Beacuse of the strong Trend line Resistance hovering above it since many days.

-Early morning Momentum will decide the direction of the stock.

-IMPORTANT lEVELS
Buy above 924.35
else
Sell below 917.50

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