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WaveTalks
May 19, 2020 4:33 AM

Auropharma - Insider's Push for 700+  Long

AUROBINDO PHARMANSE

Description

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 -
Still Active Till Stock Holds above 655(Key Level) & 650 level(Critical Level) -Target Upside - 685 /Above 685 for 695-700 / Above 700 +

Plan B -
Selling Once Pattern gets completed close to 700 or above 700 for Downside Targets - 685 / 665 /655 / 625 /600

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Last video idea - "Live Market Video: Case of Ending Diagonal /Wedge Pattern"


Trade active

10:08 Hrs / 19th May 2020

Last price @ 668

Pardon for putting video link of the idea prior to last idea.

Please find the link of the previous idea

Trade active

13:50 Hrs / 19th May 2020

Last Price @ 661--------------------Can We Get The Thrust -----Keep in Mind (Stock Should Not Go below 655 level)

Reached So close to 658 -----Prior to that - It reached upside also once again to 680s

Trade active

14:25 Hrs / 19th May 2020

Last Price @ 658.50

As suggested above buying is valid till 655 holds as support --------- stock has just touched in 655-656 zone which was extremely close.

If this zone holds then 675 / 685 / Above 685 for 695-700 all targets are possible. kindly have proper risk management to execute trades.

Trade active

14:47 Hrs / 19th May 2020

Last Price @ 662

First Green Candle comes right in the block level ------------655--------------

Trade active

15:26 Hrs / 19th May 2020

Last Price @ 663

Markets about to close for the day.

Hope still alive that the pattern is valid as ---------------655 -------------Holds so let us wait & watch
Remind again ---------No buying trade if goes below 655 level

Comment

18:13 Hrs / 19th May 2020

Pardon again for using wrong spelling ---------------It should be "Thrust"- means fast move instead of "Trust" - Hope you all trust me.

Trade active

09:50 Hrs / 20th May 2020

Last Price @ 675

Had a big candle but stopping close below 680 - has to move above 685 for more upside as suggested earlier

Trade active

14:03 Hrs / 20th May 2020

Last Price @684

Most Wanted target -----------------685 Finally Touched --------------

Trade active

14:24 Hrs / 20th May 2020

Last Price @ 696

Auropharma on Fireeeeeeee - Will it cross 700?

Trade active

15:14 Hrs / 20th May 2020

Happy Ending at New Day High - 712--------------Hope You Enjoyed The Insider's Journey for 700+

Trade active

09:47 Hrs / 21st May 2020

Last Price @ 705

Good Morning All!

As suggested this was final leg upside so as a "Safe trader" you to be watchful if the stock starts falling below 700
Risky Traders - They can sell in 710-715 which was suggested as an update in last Auropharma idea on 15th MAy 2020

So, In all ------Be careful as we expect this pattern to correct to 602 levels next -yes you heard it correct which was put as "Plan B" since last week idea - Auropharma- Case of Ending Diagonal"

Comments
senven43
Amazing analysis, Really superbbbb sir !!!
WaveTalks
@senven43, Thanks & Welcome
shahkrish512
Any view for Lupin?
tushar_chogale
I think Auro is low risk sell at these levels for june series.. Momentum indicators showing negative divergences on daily chart.. Also, impulsive pattern look like completed.. Maintain SL near 730..Happy trading. :)
ashokakbari
superb .. now lets drag it down... will hold tight
DARBE1
thanks for the updates
WaveTalks
@DARBE1, Welcome
ashokkiri
WOW!!!Superb Analysis as if the stock was Obeying its MASTER,you being the Mastero.Keep it up with such Analysis,GOD BLESS YOU
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