WaveTalks

Auropharma - Modified Alternate Bat@530 - Magical Level@615

Long
WaveTalks Updated   
NSE:AUROPHARMA   AUROBINDO PHARMA
Alternate Bat has restriction as XA leg should be retraced by AB leg to 38.2% . I am considering AB leg 61.8% also workable with D point at 113%
530 - Important level for the day. Avoid Any Long Trades below 530

Trading Strategy

Plan 1 - Buy in the range 532-535 with strict stops below 530 & target 615 - 650

Plan 2 - Buy above day high@541 with stops below 530 for target 615 -650

Last Trade - Hitting Bulls Eye @615 & Enjoy the dive -------------The Magical 615

Cypher Hiding in the cloud
Trade active:
21:06 Hrs 1st June 2018

Last Price@535

Got filled at 533.50 -day low was@533.10 - Holding with strict stops below 530.
Trade closed manually:
11:20 Hrs 4th June 2018

Good Morning!

Last Price@542

We book partial target @542 -to all who bought @533 as suggested in plan 1. Shall be closing the update.

Have a nice trading week ahead.
Comment:
Wow !!!!!!!!!!!!!!!!! 540 to 600 what a journey - cheers Auro

Best Regards,
Abhishek H. Singh
​Growth Director - TradingView India

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