Auropharma - Top or Trap at 700 !!!
Updated
Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Trading Strategy
Plan A -
Moving Above 700 -Expect 730-740 as Target zone next
Plan B -
Stopping close to 740-750 - Selling can be expected but these are aggressive selling & stops are extremely tough to suggest until last moment - Once selling starts holding below 740-750 zone - we expect downside targets as
700 / 660-665 / 615-625 / Only going below 600 - Expect 565
Plan C -
Crossing above 750 & Holding above 750 - look for 780-810 zone as Target zone
Plan D -
Taking Support of Trendline (weekly chart) - close to 550-565 zone - Expect stock to push upside for 625 / 660 / 685-700 / Above 700 for 740 / Above 750 for 790.
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Last Video Idea Link - Is it Ready for Explosive Journey
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Thanks for watching the video & your precious time.
-----------------------------
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
------------------------------------------------------------------------------------------------------------------------------
Trading Strategy
Plan A -
Moving Above 700 -Expect 730-740 as Target zone next
Plan B -
Stopping close to 740-750 - Selling can be expected but these are aggressive selling & stops are extremely tough to suggest until last moment - Once selling starts holding below 740-750 zone - we expect downside targets as
700 / 660-665 / 615-625 / Only going below 600 - Expect 565
Plan C -
Crossing above 750 & Holding above 750 - look for 780-810 zone as Target zone
Plan D -
Taking Support of Trendline (weekly chart) - close to 550-565 zone - Expect stock to push upside for 625 / 660 / 685-700 / Above 700 for 740 / Above 750 for 790.
----------------------------------------------------------------------------------------------------------------------------
Last Video Idea Link - Is it Ready for Explosive Journey
----------------------------------------------------------------------------------------------------------------------
Thanks for watching the video & your precious time.
Note
08:57 Hrs / 14th May 2020Good News !!! from TradingView
Markets in your pocket
Download free app & access NSE /MCX charts on the go. Hurray!!!
Trade active
09:22 Hrs / 14th May 2020Last price @ 674
Current Question - Can we get the final leg upside from 667 to 695-700 & Above 700 for 730-740
That will finish the Ending Diagonal / Wedge Structure - later if holds below 740 /750 - We sell - Do read the trading strategy as mentioned above.
Trade active
13:42 Hrs / 14th May 2020 Last price @ 661
658-660 is key zone & 650 as critical level & failing to hold -This expected pattern gets invalidated
So expected bounce can happen only if it holds above 658-660
Trade active
13:49 Hrs / 14th May 2020Last price @ 659
Just dipped below 658-660 zone -key zone & bouncing above the zone still be considered as a lifeline & pattern is very much active for upside targets of 685/700+
Trade closed manually
04:57 Hrs / 15th May 2020Have published ------live market video for Auropharma-"Case of Ending diagonal / Rising wedge"
Please check the video & watch it carefully. Mark all levels - Plan your strategy
Thanks for all support
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Disclaimer
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