AbhishekHSinghCMT
Long

Auropharma - Butterfly Fall 635 - 602 - Bat comes next@600

NSE:AUROPHARMA   AUROBINDO PHARMA
12:07 Hrs 13th July 2018

Last Price@605.50

Auropharma loves 600 - I love 600 - "if" Bat loves 600 - scenario becomes more sweet for upside targets
Target 1 - 612-613

Target 2 - 625 -627

Target 3 - 635-637

Potential Reversal Zone(PRZ)
PRZ for Bat is 600 - 605

Stop Loss (SL)
Below 595 - Which is danger level as mentioned in last update.

Trading Strategy ( TS )
Risky Trader
Let Auro come close to 602 lows with strict stops below 595 - danger level as mentioned in earlier updates as well. One can plan their trades taking good care of their risk management.

Safe Traders
They should plan to buy once Auro crosses above 613 levels & sustains above that level. Do not take trades if Auro crosses above 613 & fails to hold above 613 levels.

Review & Flashback- Last Few Ideas of Auro

Catching The Bottom in Auro @530's - entry above 541 levels for 600+ Targets


Bullet Train Journey 541 - Follow up


Catching the Bearish Butterfly at 635 for 600
As suggested - we got the halt at 613 levels in the initial fall from 635 levels - 613 level gave us intraday buying opportunity for few days - breaking 613 levels - final target close 600 has been achieved today.

Jul 14
Trade closed manually: Thanks.

Enjoy Upcoming Trading Week.
Best Regards,
Abhishek H. Singh, CMT
​Growth Director - India
http://in.tradingview.com
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
so we can enter long at 600 for higher target right ..
Reply
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