Auropharma - Pennant Push Above 700 to 725

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
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
nice one sir
AbhishekHSinghCMT vishal_agarwal
@vishal_agarwal, Enjoy & Happy Independence day.
thanks for the update!
@butterfly87, Welcome & Have a nice weekend.
Great.. I added one more lot after seeing your analysis.. I bought 1lot earlier at 682.. cheers..have a nice weekend
AbhishekHSinghCMT yuvrajsingh7722
@yuvrajsingh7722, Welcome & Enjoy!
Particpitaing in comment section- Kya kare - But ye dil maange more -- hahaha. Laughing on my own analysis. Have a nice day ahead.
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