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WaveTalks
Nov 5, 2018 4:37 AM

Auropharma - Price is Immortal - 675 Short

AUROBINDO PHARMANSE

Description

Hello All,

Price is Immortal


Reason for picking the shlok from BG 2.20 was to make you understand that soul(price) is the ultimate reality as

"Bodies have limited journey whereas Soul has endless journey"


Sharing an important piece from my future assignment based on my favourite stock - Auropharma. Do check the profile page (search box) & connect yourself with all ideas which have been published since 2016 for this stock – Auropharma.


26th Oct 2018
Turning upside above 720 highs after making lows@708.50




10th Sep 2018
Selling at the top@815 - Magic of Harmonic Pattern- Wave Starts at 828 Highs




Comment

10:33 Hrs 6th Nov 2018

Last Price@791

Day High@ approx 794

Wish you happy and prosperous Diwali - What a bounce from 773 lows to 794 highs as expected.

Trade closed manually

10:38 Hrs 6th Nov 2018

Last Price@789.50

Do not hurry in selling when market joins and you feel "ye dil mange more red" then only join for downside move. Better if holds below 790 for selling -above 790 -wait to sell close to 800 levels.

Warning -
It will be more visible & more red - but do not get emotional -if moves above 800 or holds 800 do not attempt to sell. Sell valid only if it holds below 800 mark

Take Care

Enjoy your holidays - Wish you safe & happy Diwali once again.
Comments
pk99133
Auro is going up and holding above 810, what next ? it could go up till 900 ?
WaveTalks
@pk99133, 800 level has shifted to 805 - if it reverses & goes below 805 -warning bell else for upside 830 has to be taken out on upside-then more on upside.
AMBRISH
Happy Diwali, Thanks for your view on Auro Pharma.
System_trader
Good analysis, I agree with this
WaveTalks
pk99133
Very good analysis......Thanks
WaveTalks
@pk99133, Cheers!
pk99133
@AbhishekHSinghCMT, today made 3k by shorting. In half n hour. Thanks.
WaveTalks
@pk99133, Yesterday -you should have made 20K in upside move & today again fall from 794 very close to the zone & updated as well sell below 790. Well, something is always better than nothing.
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