AbhishekHSinghCMT
Short

Auropharma Video - Selling Top@690-650 & Star Before Night Falls

NSE:AUROPHARMA   AUROBINDO PHARMA
Check the video for exciting journey from 690 to 670-665 & below 665 to 650 - Boom again to 670-677-687. Check the current status for target below 689 - 681-677-670. Should sustain below 689 as any move above 697-698 -setup invalidates.


Auropharma 1st Video - Selling the Tops below 689 -690 for 670-665-650


Do support. Thanks
Trade active: 14:41 Hrs 20th Dec20117

Last Price@690

Hardly sustaining below 689 so we will wait to sell or look to sell close to tops@694-695 if we see some weakness next.
Very clear -sell only below 689 when sustains next or sell close to tops with small stops.
Trade active: 10:18 Hrs 21st Dec2017

Last Price@691.30

Got a chance as discussed to highs of 697 - selling at top again. Keep in in mind any move above 697 - setup invalidates so one should book minor profit or trail the stops at cost.
Trade active: 10:38 Hrs 21st Dec2017

Last Price@687.70

Book Partial Profit as it stops again at same level as of yesterday 685-686 - Look for a bounce to sell or sell below 685 next for lower targets. 1 position for longer targets & 1 position for Intraday trade.
Comment: 10:40 Hrs 21st Dec2017

Picture - Minor Double Bottom in 685-686

Trade active: 11:19 Hrs 21st Dec2017

Last Price@687.70

Still waiting for bounce to sell again. Playing with Intraday position.
Trade active: 12:22 Hrs 21st Dec2017

Last Price@687.50

Congestion Zone- Most Important lesson which market teaches - have patience - let it break & you join the trend rather than guessing where it will go. Let market show us the way.

Likely we are waiting for some push upside to sell again.

Comment: 14:04 Hrs 21st Dec2017

Last Price@685

Not giving meaningful bounce from 687 looks like - it will puke more towards target of 681 - 677 - 670/671

Next above 690 - we will look for upside or we stay in sell position.
Trade active: 15:01 Hrs 21st Dec2017

Last Price@683.90

Made recent low @681.60 - Close attempt from 686 - Pukes

Trade active: 15:29 Hrs 21st Dec2017

Last Price@684

Next sell only below 680 or we buy - looking into Nifty tomorrow if Nifty holds above 10400 - we look to buy both Nifty & Auropharma
Trade active: 09:08 Hrs 22nd Dec2017

Last Price@684

Oh! - Likely to open gap up at 691.50

Trade active: 09:13 Hrs 22nd Dec2017

Last Price@687

Hope someone used bounce to 690-692 to sell as we are clear that safe traders buy only above 697 or sell below 681

Risky Traders can use the bounce to 690-692 to sell
Trade active: 11:05 Hrs 22nd Dec2017

Last Price@685-686

Below 685 is weak level.
Trade active: 11:23 Hrs 22nd Dec2017

Last Price@684

Again cracks from 685-686 & kisses 681.30 level - 3rd similar bottom. Enjoy the Sugarcane Juice.

Trade active: 11:44 Hrs 22nd Dec2017

Last Price@682.40

Double Headed Monster at 695-696 - Below 681 - Key Support Level

Trade closed: target reached: 13:51 Hrs 22nd Dec2017

Last Price@681

677 - Target done below 681 as stated above in update. Closing the update. Thanks

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
Sir hats off to your explanation , You have real nerve of the market sentiments, I need your kind help in understanding one Last point before Jump for Pro , The charting system which is widely visible , with other time frame like 2 D, 3 D, 2 W, 3 W and 2 Month , 3 Month , is all these facility are available in Pro version which is currently billed 9.95$ per month billed Bi Yearly
if yes Please reply or if i have to have all these features which are visible in your charting system , Kindly advise which one to Go for
Thanks
Shivakumar
Reply
@shiv2798, Are you using free version. Try typing in middle of the chart - "2D" "3D" "2H" "4H" "1M" "3M" or just numbers 5, 15, 30, 60 & check what timeframe on your charts- if available in free - then you are moving little higher so definitely it will have. Check & compare all features at https://in.tradingview.com/gopro/ (Scroll down the page - click "Extra Data" for NSE/BSE real time data fee which is charged top up on pro. NSE / BSE realtime data comes at 6/4 USD per month. Welcome ( You can come in PM & chat)
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yes used high to sell and booked at 86. good follow up sir
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@sudesh28, Awesome!
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Aurobindo Pharma gets US FDA nod for Valsartan (Diovan)
Reply
@Sujeet78, Thanks for the update. Cheers!
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thanks for update , seems reversed from yesterday low 685( after breaking 689) and cross last high of 694.75
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@sudesh28, So, that was even better -got 2 times to trade at highs - 2nd time this morning very close to 697.
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