AbhishekHSinghCMT

Auropharma- 820-810 Could be rejection zone

Long
AbhishekHSinghCMT Updated   
NSE:AUROPHARMA   AUROBINDO PHARMA
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

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
​Growth Director - TradingView India

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