Auropharma- Doji to Give Up Leg from 648 -Help forming Triangle
Atualizado
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 on daily chart of auropharma had a doji candle having a low@648 -Now any move above 660 & keeping 648 low intact should help give us a required push upside.
The overall pattern looks like a triangle where 710 is a key level on upside.
Trading Strategy
Looking for pullback which holds 648 on downside & later moving above 660 shall give us upside buying opportunity.
Previous Update
Auropharma -710 haunts - we got selling from 675 to 660 & lower.
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 on daily chart of auropharma had a doji candle having a low@648 -Now any move above 660 & keeping 648 low intact should help give us a required push upside.
The overall pattern looks like a triangle where 710 is a key level on upside.
Trading Strategy
Looking for pullback which holds 648 on downside & later moving above 660 shall give us upside buying opportunity.
Previous Update
Auropharma -710 haunts - we got selling from 675 to 660 & lower.
Trade ativo
09:28 Hrs 13th April2017Last Price@662
Crossed above 660
Trade ativo
13:57 13th April2017Got a chance to enter in 654-657 above 648 levels which should be intact for the upside move.
Trade ativo
20:04 Hrs 17th April2017Last Price@652.85
We need an impulsive push upside & largely above 665-recent high to give us confidence for next leg upside.
On down side 648 should not be breached.
Trade ativo
12:28 Hrs 18th April2017Last Price@672
Heading close in the zone of 675-680 as expected - Awesome!
Trade fechado: objetivo atingido
12:59 Hrs 18th April2017Last Price@674.90
Target Reached in the zone 675- 680
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
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