Auropharma - Rebounded from 200 MA + Bull flag pattern
Key Highlights:
1. Approaching trendline
2. Flag and Pole pattern
3. Rebound from 200 MA
4. Support from 0.5 Fibonacci level
5. Volume lacking at the moment
6. Early signs of a breakout
7. Stop loss: 936
Better visualization of the pattern using line chart:
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
1. Approaching trendline
2. Flag and Pole pattern
3. Rebound from 200 MA
4. Support from 0.5 Fibonacci level
5. Volume lacking at the moment
6. Early signs of a breakout
7. Stop loss: 936
Better visualization of the pattern using line chart:
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
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Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Community Manager (IN), TradingView
✅ Telegram: t.me/johntradingwick
✅ Blog: tradingwick.in/
✅ Rounding Top pattern: tradingwick.in/chart-patterns/rounding-top
B.Tech (Delhi Technological University)
Community Manager (IN), TradingView
✅ Telegram: t.me/johntradingwick
✅ Blog: tradingwick.in/
✅ Rounding Top pattern: tradingwick.in/chart-patterns/rounding-top
