Auropharma - Pennant Push Above 700 to 725

Aug 11, 2017

There is a pennant where auropharma is resting. Let it rest, once it crosses 700-705 resistance keep a watch for a push to 722-725 Target Zone keeping stop loss below 687.

Risky Trader can consider to trade in 690-695 but with strict stop loss & once you get confirmation at your end.

Safe Traders Above 700-705 Zone for 722-725 Target Zone- once it crosses the zone it should not trade below 700 back again.

Aug 11, 2017

Trade active

14:25 Hrs 11th Aug2017

Last Price@693 Risky Traders are in the call.

It was fast -Risky Traders got in at 688 - Stops were 687 that was just 1 point. It was too fast to react post the idea published.

Stop loss level-687

Going below 687 - They will lose 1-2 points which is ok from Trading point of View.

Aug 11, 2017

Trade active

14:55 Hrs 11th Aug2017

Last Price@697

About to cross 700 - 1st level - above 705 will be a nice move for 720-725 zone.

Got 3 chances to enter this trade. Market can't give more chances.

Aug 11, 2017

Trade active

15:02 Hrs 11th Aug2017

Last Price@697

700 could be 1st target for risky traders.

Aug 11, 2017

Trade active

15:15 Hrs 11th Aug2017

Last Price@708

Heading for next target zone.

Aug 14, 2017

Trade active

08:00 Hrs 14th Aug2017

Good Morning!

Last Price@705

Happy to pick with 1 point risk@687 on 11th Aug2017. Holding above 700-705 - we expect Auro to touch 722-725 minimum target & can extend upside if it stays above 725 for 15-20 mins.

Aug 14, 2017

Trade active

09:20 Hrs 14th Aug2017

Last Price@714

Touches 721 just below 722 - we are done & out for short term.

Aug 14, 2017

Trade closed: target reached

Target reached - Closed 14th Aug2017