Auropharma forming a head & shoulders pattern.

Since nifty has gained all the momentum for now, Pharma as a whole sector is consolidating. Auropharma has made a Head & Shoulders pattern. If it breaks below 850 with volumes, consider for selling. keep target of 770.

Commento:

Head & shoulders pattern has given a breakdown & also has almost hit the target. I couldn't initiate the trade coz I missed the alert. I'm happy that my analysis came right.

Trade chiuso: obiettivo raggiunto