AUROBINDO PHARMA Long 5% (Educational Purpose Only) NSE:AUROPHARMA
correction is ending with triangle forming a triple combination. can see up rally equals to widest leg of triangle.
AUROPHARMA (Aurobindo Pharma Ltd) SELL BELOW 709
MOMENTUM TRADE IN AUROPHARMA DEC FUT BUY@825 STOP@816.5 TARGET@840 LOT:1000 QTY:1
AUROPHARMA SHORT TRADE(IF PENNANT BREAKOUT DOWN) AUGUST FUTURES SHORT AT THE BREAKOUT OF THE PENNANT AFTER 2:30 THE BAR WILL BE COMPLETE A BREAK BELOW THE SUPPORT LINE OF 684 IS A GOOD INDICATION SHORT@684 STOP@590 TARGET@666 LOT:1000 QTY:2
AUROBINDOPHARMA breakout the trend and retest zone mention the chart keep watch the trade before entering the trade Disclaimer: The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade. The risk of trading in securities markets can be substantial. You should...
1) CNX Pharma on verge of breaking 1 year trendline 2) Making higher highs andhigher lows since jun 6 3) currency depreciation and new launches in usa market will give support to bottomline
Aurobindo pharma looks week. The main trend as well as the short trend is week. I recommend shorting @540-530 with a stop loss of 545 and target of 510. You can buy put for current month, strike price of 530 or 520.
I am strongly bullish on auro for it can give 4 -5 % return in next 5 days!!!!!
Buy AUROPHARMA above 775 T1: 795 T2: 820 T3: 845 SL: 735
NSE:AUROPHARMA touched the support line, at 718, on Friday and retraced to 724 levels. Buy Aurobindo above 731. Target 760+. SL 717
Long Aurobindo pharma retracement completed Target 775
Testing its multiple supports placed around Rs.684 (38.2% FR, dual moving averages), should give a bounce to at-least 751. Above 751, it can then retest the high of 793.
This is my third post on Auorobindo. Refer and for previous posts. Last time I reviewed the stock it was hovering below 600 levels. The situation has improved a lot since then. As I stated in my first post that 580 would be a key level for the stock, the stock tested this level once and bounced higher to 617. Then it retraced where I posted a base building...
.....but when time comes, you will certainly make the most of it...:-) That's the advantage of interacting with charts directly... Identify levels...when they come be in a clear decision making mind frame to act...reap the benefits of listening to charts directly The stock has crossed our 1st target of 625 & in the process has also taken out 50 day EMA in...
This is the continuation of my previous long term analysis on Aurobindo As expected Aurobindo took nice support at 580 and rebound sharply upto the falling trendline of the downward sloping channel. Volume-Spread: As expected stock seems facing resistance near 620-630 levels. The volume however is declining. Stock had a huge volume at 'a' but long wick at...
Wait & Watch : Watchout for 640 & 690 level in Auropharma. If it breaks above 690 can go up to 800 or if it breaks below 640 it will take a support at 590. Regards
Wave 4 will not terminate in the area of wave 1. So come Monday worst case scenario would be markets would reverse and test area of 627-630 zone where wave 4 would continue on its downtrend again. SL here can be on EOD wave 1.