Auropharma - WaveTalks-Is it Ready for Explosive Journey Next!

Updated
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.

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Trading Strategy

Short Term


Plan A -
Look to Buy if 615-625 zone is holded as support & upside we can expect target of 680-685

Plan B -
Look to continue your Buy from Plan - A if crosses above 695-700 zone - Expect upside target as 795-810 zone
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Long Term

Plan C -
Look to Buy only above 840 for 890 / Above 900 for 1200 / 1400 /1600 + years ahead

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Plan D -
If stock faces resistance in 795-810 zone look to sell for downside target of 650 /545 with strict stops above 810

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First Idea 2016

Terminal Thrust Above 814
Auropharma- 5th Wave Terminal Thrust Above 814.


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Idea Published in April 2019

Will it repeat the fall of 2016


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Thanks for watching this video & your precious time.
Trade active
09:55 Hrs / 7th May 2020

Last Price @ 661

As per plan A - Expect Auro to come as close to 615-625 zone so that your risk is less in buying & we expect upside 680-685

Later Execute - Plan B --- Buy
Trade active
12:50 Hrs / 7th May 2020

Last Price @ 664

Only Buying Situations are suggested in the call - even though I expect best buying close to 615-625 zone as per Plan -A

That means we are expecting a fall from the current level of 663 towards 615-625 zone & then buy

It can also be a possibility that Buying happens crossing 672+ & later crosses 685 for upside targets without even coming to 615-625 zone

and

If the stock comes to 615-625 zone then it is super buying situation to hold strictly above 615 levels

Please don't get confused with the Trading Strategy & read it again to understand all in clear manner
Trade active
13:17 Hrs / 7th May 2020

Last Price @ 661

Nifty Update - Index has positive bias if holds above 9200 & it is most likely to attempt 9300+ going to our target of 9400 & more on the upside.

So, If Auropharma is not dropping to the expected zone downside for buying close to 615-625 zone - Keep an eye on Index as soon as it starts moving - Auro may also push upside crossing 672 / 685 - once crosses that also upside - "Plan B " also gets activated for 790/810 target upside.
Trade active
15:01 Hrs / 7th May 2020

Last Price @ 647

The Fall which is currently happening - is looked as a buying opportunity next so traders in long positions should hold
Note
My Status has changed at 14:26 Hrs / 8th May 2020

14:26 Hrs / 8th May 2020 - Only Risky Traders (Weekend Position -Carry Forward) -Stock : ITC (Last price - 158.25 )-Strong Support Zone 157-158- No Positions below 157- Holding this zone, expect 165 /170 /above 172 for 177. Thanks
Trade active
09:53 Hrs / 13th May 2020

Last Price @ 683

680685 is very important zone - if the stock holds in this zone then we are still open for 695-700 & crossing 700 & above it will push to 775/790/810 levels

Note - No buying if Auro falls below 679-680 levels.
Trade active
10:31 Hrs / 13th May 2020

Last Price @ 683

Struggling in zone of 680-685 -------------Avoid any positions ------means no trading in 685 to 675 zone

Extreme risk taker - they can take sell close to 685 for 675-677

Moving 685 only we are looking up for 700 / 775+ else we won't do any trade for the day

Thanks in advance
Trade active
11:07 Hrs / 13th May 2020

Last Price @ 677

Auro as suggested sell close to 685 ---dropped to 676 - Book Profits & Out as going above 685 -Larger trend is still intact which is upside for 695-700 & above 700+
Trade active
12:15 Hrs / 13th May 2020

Last Price @ 672

You need to be vigilant & careful here for the stock as another support is tested for the day 668 - 670 & 660 - 662

These both zones are buying zones - If the stock holds then it is most likely to push for highs of 695-700.

only going below 660 - we get early feelers that stock has topped at 700 & expected to move down for levels lower than 650's in the later session.
Trade active
13:55 Hrs / 13th May 2020

Last Price @ 685

Reached an important target of 685 as suggested an hour back at the price of 672. Thanks
Trade closed manually
19:46 Hrs / 13th May 2020

Time for New Idea. Thanks
Harmonic PatternssupportsTrend AnalysisWave Analysis

Best Regards,
Abhishek H. Singh
​Growth Director - TradingView India

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