AbhishekHSinghCMT
Long

Auropharma - Pennant Push Above 700 to 725

NSE:AUROPHARMA   AUROBINDO PHARMA
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.
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.

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.

Trade active: 15:02 Hrs 11th Aug2017

Last Price@697

700 could be 1st target for risky traders.
Trade active: 15:15 Hrs 11th Aug2017

Last Price@708

Heading for next target zone.

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.
Trade active: 09:20 Hrs 14th Aug2017

Last Price@714

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

Trade closed: target reached: Target reached - Closed @14th Aug2017
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
http://in.tradingview.com
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
nice one sir
Reply
AbhishekHSinghCMT vishal_agarwal
@vishal_agarwal, Enjoy & Happy Independence day.
Reply
thanks for the update!
Reply
@butterfly87, Welcome & Have a nice weekend.
Reply
Great.. I added one more lot after seeing your analysis.. I bought 1lot earlier at 682.. cheers..have a nice weekend
Reply
AbhishekHSinghCMT yuvrajsingh7722
@yuvrajsingh7722, Welcome & Enjoy!
Reply
Particpitaing in comment section- Kya kare - But ye dil maange more -- hahaha. Laughing on my own analysis. Have a nice day ahead.
Reply
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out