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manuvsingh

AURO PHARMA | Falling Trendline nd Symmetrical Triangle Breakout

Long
AUROBINDO PHARMA (NSE:AUROPHARMA)  
manuvsingh Updated   
NSE:AUROPHARMA   AUROBINDO PHARMA
Support and Resistance Triangle Trend Lines chaukhambha_charts dailychart AUROPHARMA PHARMA trendlinebreakot Symmetrical Triangle exponentialmovingaverages volumespike rsidivergence
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supportandresistance triangle trendline chaukhambha_charts dailychart auropharma pharma trendlinebreakot symmetricaltriangle exponentialmovingaverages volumespike rsidivergence
AUROPHARMA

Strong Breakout Candle formed with Volume.
Multiple Breakouts from
a) Falling Trendline Pattern of many months
&
b) Symmetrical Triangle Pattern

CMP moving above 20 & 50 Day EMA and RSI moving in Bullish Zone
Target : 554 - 600
SL : 510
R: R - 1 : 2

Time Frame : 1 to 4 weeks
Trade closed: stop reached:
AURO Pharma has had a breakdown in Chart.
Stop Loss Reached.

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