please see the divergence of RSI when it rallied from 85 to 899, price is making higher high and the Rsi has made lower low. only the fall from 899 to 658 price and rsi are in correlation. i f you keenly observe now rsi is making lower low, , if it is confirmed in coming days quro pharma can move to the level of 763 , one can look for investment in...
What is a 'Doji' Doji candlesticks look like a cross, inverted cross or plus sign. Alone, doji are neutral patterns that are also featured in a number of important patterns. A doji candlestick forms when a security's open and close are virtually equal for the given time period and generally signals a reversal pattern for technical analysts. The price action...
Daily chart shows inside candle. if the price breaks above 682 then the targets are 688 and 697. u Inside candles formed at the down move are significant. Only price action will confirm. Keep on your watch list. If anyother views are welcome
Auropharma Approching Buy Zone. Buy between 650-640 SL 630 Target 700
I'm likely to ride this downward trend till PRZ of 634 with stop of 10 Points on Opening price Its observed that Investor will not enter until it reaches the certain PRZ when any stocks are getting week , so lets ride it cheers
Hello dear friends let's make auro pharma great again .... dis stock again near its trend line which is broken few days back i think its good to take long trade here for higher target. entry stop loss and targets given on chart so please trade according to that. hit like if you are agree with the setup and follow me for more updates and ideas. i really appreciate...
Dark Cloud Cover Black means red candle & white means green candle The Dark Cloud Cover, in candlestick charting, is a pattern where a black candlestick follows a long white candlestick. It can be an indication of a future bearish trend. Essentially, the large black candle is forming a "dark cloud" over the preceding bullish trend. The dark cloud must have...
on hourly charts stock made a double bottom reversal and hammer pattern sl 674 tgt 695
auropharma take long between 672-670 sl 668 trg 674 677 670.... do own analisis ..... its study perpose only
short auro below 674.5 sl 678 trg 672 670 668...before trade do own analisis ..... this is study perpose only....
There are three potential harmonic patterns setting up on AUROPHARMA. Let's wait and see which one gives us profit.
The stock has broken short term trend line and now testing is from above, later it has formed an Ascending channel and is at the lower boundaries being the confluence of both it is offering a beautiful entry for long. one can go long with Stop loss of 652 on closing basis for target of 720 reasonable risk to reward ratio.
Aurobindo Pharma breakout daily channel...look like positive Target 713,728 Stop loss 670 Note: Chart is for study purpose.
after wild swings prices are trading narrow inside triangle
auropharma long with sl 665 tgt 700-740++
Scrip is at Rs 691 having risen handsomely with good volumes after a full fledged correction and hibernating for quite some time. With USFDA behind it and a good number of ANDAs in the offing and due for sanction from USFDA in the coming year, it is sure to catapult to much newer heights. Resistance being at Rs 725 ~ 750, a breather and then a sustained rise to Rs...
for educational purpose only - on weekly charts a very crucial support of 625-630 may tested if it holds there then a rally may occur but if in any case this support is broken then a breakdown will occur. then 360-350 may be seen.