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Chart on focus : AUROPHARMA

AUROPHARMA : Price printed a PIN BAR buy signal

In a strongly moving uptrend, the stock again printed a bullish PIN BAR buy signal (learn : PIN BAR strategy) on it's pullback flip support area (learn : FLIP level strategy)around 690 level. As you can see on chart, i marked 3 previous PIN BAR buy signals formed on pullbacks & support levels which played out quite positively with huge gains.Hence what the probability say guys – "play currently formed PIN BAR too". I'm happier with the current PIN BAR's shape as it is larger than the others & the big size confirms the strength of the bulls in that. We'll talk more about the trade setup as the trade proceeds in MEMBER FORUM – Cheers !!

SUMMARY : READ price momentum context – RECOGNIZE the pattern going on – TRADE the pattern till it ends and to learn it all join me in my ADVANCE TRADING COURSE & trade with me realtime using higher & lower timeframe charts.

CHECKOUT BANKNIFTY ANALYSIS here : STEP-by-STEP change of trend analysis in the index

PLS NOTE : All chart analysis posted here are the author's own idea of trading for educational purpose only &  not any form of advice or recommendations or opinion to anyone.

z

September 8, 2015

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