1) Thats the reason I am going with a buy above 805 as confirmation even when Auro Pharma is at the pitchfork support. (804.80 being swing point so far)
2) Moreover Auro Pharma has so far respected the pitchfork median and support. Hence expecting it to continue so until it stops doing so. (Just like Newton's 1st law of motion - "an object either remains at rest or continues to move at a constant velocity, unless acted upon by a force")
3) On 15 min chart Auro Pharma is still trading above its 200 SMA (currently at 788.75). I will be looking for opportunities to short within the scope of the time frame only after a close below 200 SMA
I usually move my SL to cost once my 1st target us achieved.