Buying can be initiated above 924 for the first target of 970 initial Sl 893, keep trailing if comes in trade direction Note : This idea is for only educational purpose
It was compressed from a week, can blast above 910. If it closes above 910 only.
ON CONFIRMATION OF PRICE ACTION . EASY RETURN CAN BE GRABBED . FOR AUROBINDO PHARMA , INTRADAY SETUP ANALYSES
Im not an expert im just sharing my views on AUROPHARMA for tomorrow Im not responsible for any profit or loss this is not a recommendation
The stock has formed H&S pattern and seems bearish for the upcoming sessions. These are my personal views, follow your own analysis while trading.
All trading levels are marked on chart. Once levels are broken wait for its sustainability on HTF (15-30 mins) or retest.
after the run, looks like a bearish phase now.
This Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
will face stiff resistance around 700
Cipla CMP 589 If I have to buy, that's the price (around 530) I would be looking at. Set your alerts around that level. Follow Take care & safe trading!!!
Key Levels for AUROPHARMA: UPPER BREAKOUT~555 FIRST TARGET~565.90 INTERIM RESISTANCE~576.05 FINAL RESISTANCE~587.45 **************************** LOWER BREAKOUT~534.30 FIRST TARGET~523.45 INTERIM SUPPORT~510.85 FINAL SUPPORT~498.25 Please trade with caution and consult your financial adviser before trading.
Key Levels for AUROPHARMA : Upper Breakout~518.80 First Target~534.20 Interim Resistance~550.50 Final Resistance~565.90 **Lower Levels** Lower Breakout~488.05 First Target~474.60 Interim Support~460 Final Support~441 Please trade with caution and consult your financial adviser before trading.
Sell at high with a stop loss of 633, for targets 568 - 552 - 508 - 492.
PURELY OPERATED AND OVERBOUGHT STOCK. IT IS A BUBBLE WHICH CAN BURST ANYTIME. BE CAREFUL WITH THIS.
FOLLOW TRADE AT YOUR OWN RISK
Aurobindo Pharma (auropharma) (weekly) bounced from trendline support & trading inside the channel. It is holding the trendline support. Staying above the line, good for positional.
big swings on way.... breaking latest low will take it too 250 zone else it will retest 710 zone again # Green TL support is last support