AUROPHARMA formed a Bearish  Flag which is a continuation pattern.A Steeper Flag Pole followed by rectangular shaped sideways movement.It signifies the trend will be continued when the price gets out of the rectangular region.Our entry @ 695.5 when it breaks the Resistance level of the rectangle.From the breakout level it achieved a target @674.2.

2 Comments
  1. vignesh 6 years ago

    Hi,
    your observation is good.

  2. Author
    Latha Prabha Kumar 6 years ago

    Thank you Vignesh !!

    Your comments encourage us and energy level also is enhanced.

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