Doji candlesticks look like a cross, inverted cross or plus sign. Alone, doji are neutral patterns that are also featured in a number of important patterns. A doji candlestick forms when a security's open and close are virtually equal for the given time period and generally signals a reversal pattern for technical analysts.
The price action on daily chart of auropharma had a doji candle having a low@648 -Now any move above 660 & keeping 648 low intact should help give us a required push upside.
The overall pattern looks like a triangle where 710 is a key level on upside.
Trading Strategy
Looking for pullback which holds 648 on downside & later moving above 660 shall give us upside buying opportunity.
Previous Update
Auropharma -710 haunts - we got selling from 675 to 660 & lower.
액티브 트레이드
09:28 Hrs 13th April2017
Last Price@662
Crossed above 660
액티브 트레이드
13:57 13th April2017
Got a chance to enter in 654-657 above 648 levels which should be intact for the upside move.
액티브 트레이드
20:04 Hrs 17th April2017
Last Price@652.85
We need an impulsive push upside & largely above 665-recent high to give us confidence for next leg upside.
On down side 648 should not be breached.
액티브 트레이드
12:28 Hrs 18th April2017
Last Price@672
Heading close in the zone of 675-680 as expected - Awesome!