AbhishekHSinghCMT
Long

Auropharma - Once Bitten Twice Shy@815

NSE:AUROPHARMA   AUROBINDO PHARMA
Last Price@809.75

We are long ( bullish ) and short ( bearish ) depending on how stock moves - bearish scenario has already played its role.


As suggested in the profile update just few mins back - holding above 805 - we are bullish on the stock for higher targets 815 -above 815 for 822 and 830-835 zone where we take rest.

Exciting to see 805 and 815 acting as good resistance for lower targets-

Bullish above 805-
If trades below 805 then bullish above 795-797 zone with stops below 793

Critical Zone - 790-792 -
Trading below that zone is warning bell


Thanks for watching the video. Do take care of your self.

Trade active: 12:35 Hrs 3rd Dec 2018

Last Price@813.90

Kissing the 1st close by target of 815 at 814.50 high from day low 800's
Trade active: 12:45 Hrs 3rd Dec 2018

Last Price@813

Next Target Activates only above 815-816 zone which is 822 -till that time we will play bearish from the day tops.
Trade active: 13:33 Hrs 3rd Dec 2018

Last Price@811.50

We shall book downside target in bearish call from day top@814-815 zone as suggested 45 mins back above in the zone 806-807.50

Our Bullish Call Activates once again from 805-807 zone for 815 & above higher targets.
Trade active: 14:34 Hrs 3rd Dec 2018

Last Price@810.75

Current low is 809.50 - we shall book partial profits from day high @814 to 809 as holding above 810 -it can be bullllllish

Keep in mind holding above 810 levels
Trade active: 14:47 Hrs 3rd Dec 2018

Last Price@809.95

Oh - We reached 807.50 below 810 - We book all in selling call from day top @814-815



Trade active: 15:30 Hrs 3rd Dec 2018

Last Price@801

Unfortunately it did not hold above 810 and puked to 800 levels - I clearly said this "Holding above 810" only we will be bullish.
Trade closed manually: 09:21 Hrs 4th Dec 2018

Last Price@806

Opening low for the day is close to 797 which is 798.10 -------- Failure to go above 810 level-------- we shall close long positions if someone taken buy position as suggested last above 795-797 zone
Comment: 09:33 Hrs 4th Dec 2018

Last Price@809

If crosses 810 & holds then continue your long positions for 815 and above 815 for 822 -above 822 as suggested earlier or be careful if unable to cross 810 levels.
Comment: 12:50 Hrs 4th Dec 2018

Last Price@816

As suggested in profile update - be a seller below 822 in Auropharma

Sell between 815-816 - Maintain strict stops above 819 Highs
Trade active: 13:38 Hrs 4th Dec 2018

Last Price@816.50

We will not trade in selling side ( no sell position) if Auro holds or move above 816 level
Comment: 13:54 Hrs 4th Dec 2018

Last Price @815.85 - Selling from the Top

As suggested few mins back - we are not selling if it stays or moves above 816 level

Going above 818 -it can attempt day high level which is 824-825 zone

So, you can look to sell close to day high zone 824-825 for lower targets later or sell below 810 mark
Trade active: 14:02 Hrs 4th Dec 2018

Last Price@ 819

Got quick move above 816 to 821 which is close to 822 -showing respect to 822
Trade active: 14:23 Hrs 4th Dec 2018

Last Price@820.50-------- Day High is 824.90

Kissed day high close by level at 823.50 as suggested going above 816 levels - Selling the Top at day high strategy - "Did you sell at the Top"

It was nice 5-8 points move above 816 & turned the position for downside as suggested in previous update above.
Trade active: 14:41 Hrs 4th Dec 2018

Last Price@825.50

No selling above 825 levels
Comment: 15:15 Hrs 4th Dec 2018

Last Price@ 822

Selling Always below 825 - Tops at 831 - Bearish Crab - Risky Traders Get Ready to lose 4-5 points and gain 50+ points

Best Regards,
Abhishek H. Singh, CMT
​Growth Director - India
http://in.tradingview.com
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India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
can u mention targets to modify stoploss?
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@yeshuyesh45, Wait - did you check the profile status update !
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@yeshuyesh45, When you keep / hold your cursor on my name - you get a small pop up " profile status update"
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What can we expect from tomorrow onwsrds from aurobindo... Its closed on high
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@SocietyPlayer, I updated in the post above - you did not check the post above ?
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As usual best strategy. i always expect such quality calla from u
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@tanajeek, cheers!
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Abhishek sir, the way you articulate your research is inspiring to me,GOD bless you.
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@Mohitsingal, Welcome ! Let us feel him in markets- almighty!
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