Auropharma Falling wedge breakout Formation can look for tp of 696-699 for short term with sl of 483 on dc basis
AUROPHARMA forming Head and shoulder on daily basis chart. if the market moves downward it is good candidate to short. the neck line is good support. wait for stock to trade below 503 once it sustain below that level we can look for short.
Kindly refer chart for details Candlestick pattern Bullish Engulfing formed with good volume
Buy Auropharma Closing Price - 1013.05 SL - 940 (DCB) Target - 1150/1200/1300+++
Note: This is for educational purpose only. There seems to be a bullish breakout with volumes. RSI above 64 indicates bullish momentum.
I hope you can now see how AUROPHARMA represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Thank You Disclaimer: It should not be...
Parallel-channel Penetration Price at upper-bound --> U-turn alarm ----------------------------------------------------------- Do you want exact sell signal? You can comment with Yes or No ... -----------------------------------------------------------