pratiktech
Long

Bullish harami can lead prices to break downward trendline.

NSE:AUROPHARMA   AUROBINDO PHARMA
Expecting that, "Bullish Harami" pattern could lead prices to break the downward sloping trendline. Price also to get support from RSI where it is breaking towards up from 30 levels. Prices may trade higher till 724-745 by next month.

Comments

Which Bullish Harami you are considering here, please?
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pratiktech praveen.bhatiya
@praveen.bhatiya, On 26th of Dec, the red candle has been form with little bit high body. Which is followed by a small Green candle on 27th Dec, Which has narrow body compare to previous red candle and also its full body is inside the red.
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@pratiktech, Thanks for the reply.
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