vanathi
Long

Auropharma - Long!

NSE:AUROPHARMA   AUROBINDO PHARMA
265 6 9
Auropharma             has broken the downward trend line . Price action is trending in resistance zone . Close above 670 indicates bullishness. Targets are 677, 685 and 700. Stoploss is 666. Use trailing stop to protect your profit.

Note : I am a private trader. I am not giving free/paid calls. I am not taking trading classes. I am here to improve my technical knowledge. This is my trading analysis journal.
Trade active: @ 670 on 2/20/17
Comment: Target1, target 2 reached on 2/21/17
Trade closed manually: Closed @685 on 2/22/17. On 21st Auropharma gave a spike(reached 697.75) with high volume. This type of spike with volume creates an imbalance and closed the position.
snapshot
http://marketdictum.blogspot.com/2017/02/aurobindo-pharma-will-it-pull-back-from.html
Reply
shiv_n shiv_n
@shiv_n, look @ this chart auro pharma price breakout above trendline..... and in rsi also see re line its regular bulllish divergance and als in rsi yello line breakout thats y auro pharma going 635 to 675 price ..... its a good setup .. of trenline bo and rsi bo .....
Reply
shiv_n shiv_n
@shiv_n, vanathi madam ji any thing wrong in my chart ???
Reply
@shiv_n, Your chart is correct...
Reply
` :okay: :agree: :D
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