AbhishekHSinghCMT

Auropharma- Primary Count Active- Heading in C-wave upside

Long
NSE:AUROPHARMA   AUROBINDO PHARMA
231 views
5
The last trading sessions move has given a clue that our primary count is active which c-wave in yet to complete wave-((ii)).

Trading Strategy

Going above 745- Shall move up first in the zone 755-760 & if sustains then we will even more high prices as room on upside is open till 810-830 zone

Or look for a pullback to the zone 720-725 if holds, then it could start upside move towards 755-760 zone & later more upside.

Related Analysis attached
Falling from Triangle thrust at 895- is this the top
Trade active: 14:39 Hrs 29th Nov2016

Last Price@735

It turned again down from close to 745- so, fall in Auro can be expected & if goes below 698 then sure & below 680-- It will be a screaming sell.

Best Regards,
Abhishek H. Singh, CMT
​Growth Director - TradingView India

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