AbhishekHSinghCMT

Auropharma-Waves -Cracking upto the Core- 527 to 698- What Next?

NSE:AUROPHARMA   AUROBINDO PHARMA
Excited to share the journey from 527 to 698 and how to check favourite author's profile page & how to check your stock in author's profile page.

Trade active: 17:32 Hrs 30th Aug 2018

Last Price@687

My Buddy- Auropharma is FBO - Let me remind you once again - False Breakout Offender.

Its a double top at 698 & selling close by 698 is the strategy still open for downside target of 680- below 679 for 670 - Below 668-669 for 659-660 & below 659 for 649-651 zone

These are important support zones & should be considered while executing your trades

Moving above 698-701 zone on sustained basis -I repeat "sustained basis" only then we it will push upside for higher targets.

Take care.
Trade closed manually: 09:24 Hrs 31st Aug 2018

Last Price@704

It broke upside from cnsolidation so 695-698 becomes support & wee may look upside for 720-735 zone
Comment: 09:52 Hrs 31st Aug 2018

Last Price@707.65

Take it in part always - 710 is done -next plan to buy above 710 or wait for dip close to 700-703 to buy but remember downside your support zone is 695-698 key zone.

It should not go below 695-698 zone
Comment: 10:21 Hrs 31st Aug 2018

Last Price@711

Another input -I will give to all the followers - "never ever over trade" sometimes this side -sometimes that side - you will end up neither side - have patience in trading - never become nervous.
Comment: 10:25 Hrs 31st Aug 2018

Last Price@708.50

Another input - Key zone 695-698 - wait if stock holds then take long or below 695 -
Middle Band Support Zone - 691-692 - Hope you will not forget 692 as we used that level so many times taking sell position in last few days.

It can test critical zone which is 679-681 - this is long term support if Auro has to move upside for 735+ else there is problem.

Thanks for reading.
Best Regards,
Abhishek H. Singh, CMT
​Growth Director - India
http://in.tradingview.com
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@AbhishekHSinghCMT bro i m long in AURO at 688.whats next in auro now?
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@Yuvraj2195, Shall leave an update in your PM. Thanks
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Great Analysis... Pls keep posting such videos, Thank U !
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@DiptiParekh, Welcome! & Happy Weekend
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Amazing bro πŸ™πŸ™πŸ™πŸ™ what a reading πŸ™πŸ™πŸ™
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@Yuvraj2195, Cheers!& Have a nice trading day ahead.
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what should we take as SL for selling @ 698-692 zone. sir ji
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@pk99133, Stock has already moved 10 bucks down. Likely + 1 to 2 points from 692 or 698 - as selling was suggested close to 692 or selling close to 698. Train has left the station.
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Good one , Thanks , Video closed abruptly
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@krishika, Due to timing limit on upside.
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