AUROPHARMA

This stock has given good breakout of double resistance trendlines along with good intensity of volumes, all other indicators are also suggesting for upside, one can go long at current levels or in dips (if any) with mentioned stop loss and targets on chart.
wave structure could be like this
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key levels are mentioned on chart
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breakout with good intensity of volume
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chart pattern inverted head and shoulder neckline breakout
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macd in weekly positive crossover and uptick
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macd in daily positive and uptick
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macd in hourly positive and uptick above zeroline
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rsi in daily uptick and b/o
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rsi in hourly above 60s and 70s
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adx dmi in hourly
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upper bollinger challenged in hourly
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Disclaimer
I am not sebi registered analyst
My studies are for educational purpose only
Consult your financial advisor before trading or investing
I am not responsible for your profits and losses

AUROPHARMAauropharmalongbreakoutChart PatternselliotwaveanalysisTechnical IndicatorsWave Analysis

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Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
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