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iamarjunchandra

Evening Star Formation on the card for Aurobindo Pharma!

Short
AUROBINDO PHARMA (NSE:AUROPHARMA)  
iamarjunchandra Updated   
NSE:AUROPHARMA   AUROBINDO PHARMA
Chart Patterns Trend Analysis AUROPHARMA Evening Star shortsetup
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chartpattern trendanalysis auropharma eveningstar shortsetup
After a long bullish candle, today a doji is formed with high volume which means uncertainty in the market. Profit booking might be happening and tomorrow we may see the bears getting into the market. Short tomorrow at the bottom of today's doji. RSI is also at 75 suggesting over bought condition.
Comment:
After a spike, Down 25 points today. clear down trend visible. More to go in the afternoon session. Short... Short...Short!
Trade closed manually:
Session is over. Got 30 rupees per stock shorting ;)
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