AbhishekHSinghCMT
Long

Auropharma- 820-810 Could be rejection zone

NSE:AUROPHARMA   AUROBINDO PHARMA INR1
151 11 5
Intraday as well -we should keep this stock on radar Likely above 814 has triggered an up-move. But as said we shall take any long opportunity only above 822.50 -b wave swing high or going below 805 should be problem for auro.

So, daily close above 814 shall be an important clue in Auropharma             from a sense of the larger degree.

Trading Opportunity - Going above 822.50 - look for longs or Going below 805 look for short. No Trading Zone 805-822

Auropharma- What a fall...770 to 730-What Next?
Trade active: 15:40 Hrs -IST-9th Sep2016
Finally, it started going down below 805. Closed at 802.90
Trade active: 12:55- Hrs- IST-12th Sep2016- Below Mentioned MY first update No trading Zone 805-822- As soon as soon it goes below 805- down move started so this was kind of trading opportunity downside
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
http://in.tradingview.com
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India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
Abhishek sir, AUROPHARMA will go up in coming days, it will cross 822 level easily. Mark my words sir.
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Prestrader dekadipak70
Sorry sir, it seems it took a U-turn, SL hit, now going bearish, SL-813.
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I told you not to go long unless it clears & sustains above 814 on closing basis -which was not happening.
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No issues -Market is a good teacher - we need to accept & learn. Also, I can understand -when hard earned money goes out of pocket. Never regret for your mistakes, but try to take one lesson at least so that we can improve.
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dekadipak70 AbhishekHSinghCMT
Thank you sir. #Respect
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Welcome
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Can short be taken on monday for tgt 790, pls advise.
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You should not hurry up to trade -always we get trapped -if we take decisions in a hurry. I am not likely going to take any short unless it goes below 765 -Yaa its far away -but prices are very choppy-chances of getting trapped are more so either wait for clear trend which could be above 822-823 for up move or below 765 for down move -Meantime, If I feel any changes or opprtunities, I will update on the same. Regards
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Thanks Abhishek, for timely updates and the warning of no trading zone 805-822, as it's still moving in that zone.
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Welcome
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