amankavi
Long

Auro : Swing inverse rounded (Intra-day)

NSE:AUROPHARMA   AUROBINDO PHARMA
Scrip can take the bullish surge further after breakout if momentum continues
Levels mentioned in chart..
SL can be taken as per risk appetite
Comment:
Comment: The scrip might be heading towards bearish reversal with evening star in motion, however, not 100% valid
If the bearish momentum continues, One can enter for short opportunity
Enter below 722-724
TP - 717, 713, 710, 700
SL as per risk appetite
Comment: Evening star as not 100% valid couldnt withstand the bullish pullback prior
Aiming for TP as mentioned in charts now
Comment: The previous chart pattern could still become validated if the scrip shows downtrend with evening star in formation on day chart or the bullish momentum makes it good to go for price levels as mentioned in previous chart
Comment: Oct. 12 trade TP achieved..
Aiming as per charts if the scrip manages to continue bullish momentum and breaking the crucial with breakout!
Enter above 768
TP - 772, 776, 780, 790, 800+
Comment: *crucial resistance
Comment: Scrip saw bearish momentum throughout the day. If double-top reversal comes in play, One can take it to be SHORT opportunity or vice-versa as mentioned in prior chart
Enter below 755
Shorting till 730 and 677 levels
Comment:
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