Auro pharma has given a Rounding Bottom Breakout in Weekly charts. Retest is complete and the stock has turned bullish. One can initiate a entry with a PT of 1470 and 2760 with a stop at 1075 on WCB.
~ Stock gave a 3T VCP breakout on last day ~ Looks good for both swing and positional trade ~ Short Term target can be 1250, 1300 and 1350 ~ Weak Below 1100 ~ Pharma sector already showing momentum
📊 Script: CNXPHARMA (NIFTY PHARMA) Key highlights: 💡⚡ 📈 Nifty Pharma is retesting from its support level shown in chart. 📈 Pharma stocks can give good returns. 📈 One can go for Swing Trade into Pharma stocks. 📊 Script: CIPLA ⏱️ C.M.P 📑💰- 1414 🟢 Target 🎯🏆 - 1510 📊 Script: LUPIN ⏱️ C.M.P 📑💰- 1688 ONLY ABOVE 1700 🟢 Target 🎯🏆 - 1828 📊 Script:...
The current structure suggests that prices have formed an Ending Diagonal structure. Price are likely to fall towards 1000 and 975 zone with any rise holding below 1125.
DivisLab made a Proper HigherHigh and HIgherLow.,. Now its at Proper Higherlow,, look for Priceaction for Proper entry and Stoploss. There are two levels for Buying. Follow Risk Management.
trend line break based intraday trade looking for tgt range 864-871 stop as per comfort disclaimer - trade @ own risk
Nifty Pharma has been consolidating since 9th August 2023 in a complex range-bound correction. It is now reading to head higher in a wave 5 circle. Today's strong move is possibly wave i of 5. Lupin, Aurobindo Pharma, and Glenmark are stronger sub-counters.
Stock Name - Aurobindo Pharma Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 765 #This is not Buy and Sell recommendation to any one. This is for...
A bearish harami is a two bar Japanese candlestick pattern that suggests prices may soon reverse to the downside. The pattern consists of a long white candle followed by a small black candle. The opening and closing prices of the second candle must be contained within the body of the first candle. An uptrend precedes the formation of a bearish harami. Script...
Stock Name - Aurobindo Pharma Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 702 #This is not Buy and Sell recommendation to any one. This is for...
Usually this wave structure forms in an impulsive sequence as wave 4 . It consists of 5 sub waves as wave-a , wave-b , wave-c, wave-d and a final setback wave-e . Each of these waves consists of three wave internal structure. Each of the waves should not break their extreme points. The final confirmation to enter the position comes when the price gets close above...
It looking Auro finally getting on reversal trend. Breakout of falling long term trendline after 2 years, spike in volume & also crossed 200 DMA. R1 -570 - Major hurdle which is also multi year support, once it break can see good up move. Short term target 570, T2 605 with SL465. Long Term 750 min once it sustain above 565. So please keep adding at every level...
A shooting star occurs after an advance and indicates the price could start falling. The formation is bearish because the price tried to rise significantly during the day, but then the sellers took over and pushed the price back down toward the open. Traders typically wait to see what the next candle (period) does following a shooting star ....
Aurobindo Pharma is at a very strong resistance level, it also shows how a support level becomes a resistance level Keep an eye
AURO Pharma is trading downward parallel channel since last two year. Also form bullish RSI divergence in weekly timeframe. So, it can buy whenever breaks downward channel for long term investment, or even more than 5-year investment can be done average in this channel and wait for breakout. This is as per my best knowledge, we are not advising anyone to buy or...
A shooting star occurs after an advance and indicates the price could start falling. The formation is bearish because the price tried to rise significantly during the day, but then the sellers took over and pushed the price back down toward the open. Traders typically wait to see what the next candle (period) does following a shooting star...
Aurobindo Pharma has made a significant low of around 400 and started going up and has made wave 1. It corrected wave 1 between 38.2% & 50% and went higher as wave 3 which was very powerful, strong, and fast. Wave 3 has also contained a minor wave i and after correcting minor wave i @ 50% and got past minor wave i. Now, we can expect wave 3 for 530 (as 100% of...
Stock is retested it's supportive zone after BO, and again near to BO. Watch chart for support and resistance.