Aurbindo Pharma Bang on Banged !!!
Weekly Chart
After completion of Ending Diagonal pattern stock falls swiftly losing 25+% in mere 1.5 months from 825 odd levels now below 600 levels ...
This is one of the classical examples of serious implications of a spontaneous moves after the completion of ending diagonal ...
Crude Oil is forming one of such pattern recently .... So What is in store for Crude Oil next .....
But timing is vital to short trades particularly ...
To Know more above next big move in Equity, Commodity & Currency
Markets where the next swing move lies & to Know more detailed
Elliot Wave Counts and where probably markets
To Know more above next big move in Equity, Commodity & Currency
Markets where the next swing move lies & to Know more detailed
Elliot Wave Counts and where probably markets
are heading towards long, medium and short term levels and which sectors to be in, educate
yourself with us from simple to advanced technical analysis concepts
For Workshops on Technical Analysis & Financial Markets Contact Us
Raju Angadi Vishwanath, B.E., MS, CMT
Technical Analyst
rvangadi@googlemail.com
+91 78291 55900
+91 78291 55900
Daily Chart
Auro Pharma has been a stellar out performer from past 2 years
The stock has given its investors dream Bull run from 80 odd levels to 900 odd levels
As there is a Quote "For Every thing there is an end in the this world"
The Question is are we nearing the End ??
Trading Patterns is suggesting we may be nearing the end or else at least a correction in the stock may trigger
The counter is in the process of forming a ending diagonal and Evening star pattern on charts
Yet to confirm below 13-WMA and lower supports 818 - 790 could trigger a swift sell off ...
But timing is vital to short particularly ...
"The Whole purpose of Education is to turn mirrors into Windows" ....
- Sydney J. Haris
To Know more above next big move in Equity, Commodity & Currency Markets where the next swing move lies & to Know more detailed Elliot Wave Counts and where probably markets are heading towards long, medium and short term levels and which sectors to be in, educate
yourself with us from simple to advanced technical analysis concepts
For Workshops on Technical Analysis & Financial Markets Contact Us
Raju Angadi Vishwanath, B.E., MS, CMT
Technical Analyst
rvangadi@googlemail.com
+91 78291 55900
+91 78291 55900
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