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bhagat109
Aug 26, 2020 6:56 PM

Auropharma forming a head & shoulders pattern. Short

AUROBINDO PHARMANSE

Description

Since nifty has gained all the momentum for now, Pharma as a whole sector is consolidating. Auropharma has made a Head & Shoulders pattern. If it breaks below 850 with volumes, consider for selling. keep target of 770.

Comment

Head & shoulders pattern has given a breakdown & also has almost hit the target. I couldn't initiate the trade coz I missed the alert. I'm happy that my analysis came right.

Trade closed: target reached

Comments
VijeyGadhavi
fantabulous man.
bhagat109
@VijeyGadhavi Markets are all about probabilities. This one had very high probaility. Glad it went in my direction.
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