Bearish trend observed in Lupin in March 2016. On March 17, 2016, when moving from lower top to lower bottom, the price crosses the previous bottom with high volume. Buy at 1650 on March 17, 2016. Stop loss = lower top = 1903.6
Target = 1650 – (1903-1650) = 1397 achieved on March 29, 2016 (in 12 days)