AbhishekHSinghCMT
Short

Auropharma - Bullet Train Journey 541 to 600

NSE:AUROPHARMA   AUROBINDO PHARMA
Last Price@596.50

Day High@599.50

Close to our stations@615. Gap zone could halt the bullet train which started above 541 as suggested in the last update - Auropharma - Modified Alternate Bat@530 - Magical Level@615


It is surely impulsive in nature the move from just below 530's to 600 - Short term scenario we can expect the push to continue if it moves above 600 else some repair work & we expect Auro to drop in the zone 565-570's next before we continue upside again.

Don't forget to say thank you to your driver who took you for such an exciting journey.

Cheers!

Jun 12
Trade active: 09:27 Hrs 13th June 2018

Last Price@605

Above 600 -You can ride but not below 600 mark.
Jun 13
Trade active: 11:04 Hrs 13th June 2018

Last price@604

Above 600 mark - as updated earlier we can ride the train. Just be careful if it holds below 600 for 10-15 mins. Keep trailing your profit stops to manage your risk.
Jun 13
Trade active: 11:33 Hrs 13th June 2018

Last Price@599.70

We have been shouting 600 -600 so be careful they will eat you stop loss at 600 & move upside - Likely looks positive only so avoid going short for some time here as well as we did in SBIN above 278-280 zone.
Jun 13
Trade active: 11:51 Hrs 13th June 2018

Last price@598

Guys I have said "avoid going short for some time - if you have bought close to 600 & put stops loss below 600 -they will eat your stop & go upside" -I think this every one can understand - writing simple to understand. I hope everyone understands.
Jun 13
Trade active: 12:00 Hrs 13th June 2018

Last Price@599

You can remain bullish now & we will check where to go short later.
Jun 13
Trade active: 16:57 Hrs 13th June 2018

Last Price@584

Hmm. Just Missed to keep an eye but as suggested to someone below- 594 is important level as stops if you are buying & 600 did trouble Auro for whole day.
Next if you see it bouncing close to 587-592 zone - we want to see some resistance as it should not move above 595 then we can expect Auro to slip to 565 - 570 zone as described in the main post.
Jun 13
Trade active: 09:43 Hrs 14th June 2018

Last Price@ 585

Trail the stops at slightly above 590 to lose nothing only gainnnnnnn!

Wowwwwwwwwwwww! we are in at day high@590 as suggested to sell between 587 -592 range - Average is 589.50 -Day High is 590

Jun 14
Trade closed manually: 10:45 Hrs 14th June 2018

Last Price@594.55- Sharp bounce from 580 levels

Failed to put the update to book at 582-583 zone.
Jun 14
Comment: 14:11 Hrs 14th June 2018

Last Price@607

This update is closed buttttttttttttttt look above 600 - Auro is real hero -running fast & furious.
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
Great call. Superb. Keep it up
Reply
@pk99133, Cheers!
Reply
bullish stop below 594( day low) / 590(below pivot)??
Reply
@sudesh28, Yes. Looks Good
Reply
Can I enter @600?
Reply
AbhishekHSinghCMT srinivasanchelliah
@srinivasanchelliah, Which way up or down ?
Reply
srinivasanchelliah AbhishekHSinghCMT
@AbhishekHSinghCMT, for downside
Reply
AbhishekHSinghCMT srinivasanchelliah
@srinivasanchelliah, Downside we will wait for some time I have updated above.
Reply
srinivasanchelliah AbhishekHSinghCMT
@AbhishekHSinghCMT, Littlebit I am confused about your words. is it still in a buy mode> can I enter @600 to buy?
Reply
AbhishekHSinghCMT srinivasanchelliah
@srinivasanchelliah, This is what I wrote last - " We have been shouting 600 -600 so be careful they will eat you stop loss at 600 & move upside - Likely looks positive only so avoid going short for some time here as well as we did in SBIN above 278-280 zone" - Don't take too much load. I have said -they will eat your stop loss of 600 if you are planning to buy close to 600 - avoid going short for some time & wait.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out