In last update - we played with auropharma stock in 621-615 couple of times - not once but three times atleast -If I am correct & closed the update once our juicing level at 621.50 was crossed on upside.
Last Update - Auropharma -Game of Bottoms
Moving above juicing level at 621.50 - it went exactly to 636 - Earlier gets extended & forms Triple Top.
Plan A - - Sell in 633-635 zone with strict stops above 637 as any move above 637 can be explosive because of triple tops at 636 levels but be careful as it should never return back once it crosses 636 -should atleast travel beyond 645 -else skip the buy above 637
Targets - Plan A
Selling Targets - 628 - below 627 - 624 - below 624 -619
Plan B - Buying above 637 - But be careful should hold above 635-636 zone - Else do read below update
Do read below mentioned update in free time - crossing above 800 is this a false breakout - indeed it crossed above 800 to return back inside & fall to 527 levels
Always motivate the author by supporting the idea in time as time is important factor - Authors take lot of pains to write the reports.
If just dipped from 635- 636 to 633 levels & crossed above 637. So plan B is active with cautious stops again - to convince us that it is not a false breakout above 636
-It should not fall below 635-636 zone else be careful.
Never hurry in trade -I have suggested this several times - have patience 635 -636 zone is important -if it fails to hold for some time - then you will see yourself
Market flux - everyone will join the trade for one direction
Have patience & Trade!
See - I warned all traders - below 635-636 - be careful - He is a serial offender of doing false breakouts
Our target below 619 can extend downside to 608-610 zone - again be careful below 608
As suggested our downside target at 628 - we got close target at 629's - booked - got a bounce to 633-634
Now trading back at 631...........using the bounce to sell is the strategy for the session.......story continues!
Falling again from 633-634 to 629 - Again n Again n Again.....
Keep buying at 629 - Keep selling at 633-635 - Keep doing it - What a sugarcane juice.
Do not miss 633-634 zone that is our juicing zone - as going below 628-629 it will slip to 624 & below 624 for 619
It puked to 626 - below 629 so many of them selling ! finnally
You need to keep selling only from tops of 633-634 keeping in mind 635 as danger means it should not cross above 635 else all selling closed.
Last Price @631
Crossing 635 on upside & holding above 633-634 it will likely cross 638.50 -day high & reach into new zone 644-650 else selling from 633-634 zone for 629- 620 target downside.
We reached two targets downside 629 -624 - before dancing 4 - 5 times in 634-629 zone - fortunately sold every tops & bought most of the bottoms for the day before it leaked & completed all levels till 624 as mentioned
Only below 624 for 619
We got the bounce hard as well on upside- Avoid selling above 634 levels as crossing 635 -it can move upside even crossing 638.50 highs for the day
Easily crossed 638.50 - day high as suggested before closing the update. Awesomeeeeeeee!
Abhishek H. Singh, CMT
Growth Director - TradingView India
YouTube Channel https://www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw