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manuvsingh
Oct 31, 2022 8:52 PM

AURO PHARMA | Falling Trendline nd Symmetrical Triangle Breakout Long

AUROBINDO PHARMANSE

Description

NSE: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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