jaysingh123
Long

Auro pharma : A very short term trade

NSE:AUROPHARMA   AUROBINDO PHARMA
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The trade is based upon 5min. chart so for very small time frame (today only trade). Dun buy at the highs, wait for pullback to 491.50 to 493 zone and some sort of confirmation to buy. The first target would be the vertex of the rising wedge @ 600 levels. The 100% of the morning bull move would be the next target @ 603.75

For better understanding of structure look for 5 min. chart.
Jun 07
Trade active: Sell partial here @ 596
Jun 07
Comment: Pull back level was mistyped.. it was 591.50 to 593
Extremely sorry for that.
Jun 07
Comment: revise target 1 to 599.50
Jun 07
Trade closed manually: exit at will.
Jun 07
Trade closed: target reached: 600 hit before close.
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