TECHNICAL ANALYSIS OF AUROPHARMA

YESTERDAY RELINFRA ROCKSSSSSSSS !!!!!!!!!!!!!!!!!!!!!
RELINFRA ALMOST HIT FINAL TGT 400 MADE LOW OF 399.45

FUTURE :

“BULLISH AUROPHARMA ABOVE 850 TGT  855/865”

“BEARISH AUROPHARMA BELOW 840 TGT 835/825”

DAILY CHAT FOR AUROPHARMA

DAILY& WEEKLY SUPPORT AND RESISTANCE FOR AUROPHARMA

AUROPHARMA levels generated based on 2015-11-03 data for the next trading day.

Daily	R4	R3	R2	R1	BULL	LOC	BEAR	S1	S2	S3	S4
Level	904	885	873	866	859	851	843	836	828	817	798

AUROPHARMA Weekly levels generated for the week starting from 2015-11-02

Weekly	R4	R3	R2	R1	REV	BULL	LOC	BEAR	REV	S1	S2	S3	S4
Levels	893	884	870	861	850	847	844	841	838	827	818	809	804

DAILY CANDLESTICK PATTERN :BLACK MARUBOZU

A Black Marubozu forms when the opening price is equal to the high of the day, and the closing price is equal to the low of the day. This shows that the sellers controlled the price action from the first trade to the last trade. The day opens and prices continue to move down all day without stopping, thus forming a long black day with no upper shadow. The day also closes at the low of the day with no lower shadow.
This candlestick is generally bearish. However, its position within the broader technical picture is also important. It may show a potential turning point and suggest that prices have reached a resistance level after an extended rally. If it is seen after a long decline, it may signal panic or capitulation, a final sell off attempt before bulls regain control. Still, the candlestick alone is not reliable enough to decide about the direction of the markets, since it reflects only one day’s trading.