AbhishekHSinghCMT
Short

Auropharma- Top@895 -is this the end?

NSE:AUROPHARMA   AUROBINDO PHARMA
260 0 3
Long Back when Auro Pharma             was trading at 770's - I was looking out for the last leg upside post-e-wave of the triangle in larger degree 4th wave. Likely we got the move also & Auropharma             made new high@895 which was close to previous high@891.50..

Prices got rejected in the zone 890-900 likely indicate that auropharma             could have already topped@895. Fall looks impulsive, which made a low@806 - bounce post low@806 looks very corrective & could be shaping out as A-B-C move after sharp down move from 895 to 806.

On longer term- trend could be bearish

Early Update-Triangle shaping out
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
http://in.tradingview.com
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out