Usually this wave structure forms in an impulsive sequence as wave 4 . It consists of 5 sub waves as wave-a , wave-b , wave-c, wave-d and a final setback wave-e . Each of these waves consists of three wave internal structure. Each of the waves should not break their extreme points. The final confirmation to enter the position comes when the price gets close above...
BUY - LINCOLN PHARMA LTD
CMP - Rs. 436
Target - 1: Rs. 550
Target - 2: Rs. 660
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Technicals - Cup and Handle Pattern BO
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This is just a view by an expert analyst, please invest at your own risk.
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Aurobindo Pharma previously took support from support zone and 200 EMA (blue line).
FII increased their stake during the 2nd quarter as well.
Accumulate with a SL of 318 WCLBS.
Final target new ATH
As I posted the chart of Auro pharma a few days ago. it has given a breakdown of that levels.
do check and act accordingly
if it breaks today's low it might give a good move in a downward direction
AUROPHARMA forming Head and shoulder on daily basis chart. if the market moves downward it is good candidate to short.
the neck line is good support.
wait for stock to trade below 503 once it sustain below that level we can look for short.
Aurobindo Pharma Looking Good For Short Term Positional long Trade @CMP 560.
Taken Support from Trendline & Forming a Base With Low Selling Volume From left Side to Right Side Chart Pattern..
Looks Like Accumulation Process is Done ,, Now We can Expect Participation Stage to come.
Plus NIfty Pharma Sector Looking Strong...
Long @560 // SL 525/...
NSE:SUNPHARMA
#NSE:SUNPHARMA trading bullish @ 2015 resistance level, last month tried to BO, and retraced for a month, now again trying for BO with good volumes.
All potential levels marked on chart for LEarning.
Sharing the potential levels daily like this, If you like the analysis, hit the like.
Happy LEarning.
Aurobindo Pharma has been trading at a steep discount to its ATH recently.
Its recent quarterly earnings, and decisions regarding acquisitions and then their cancellation were not perceived well by the market.
After a long period of Lower Highs and Lower Lows,
The share seems to be making Higher Highs and Higher Lows now in recent 2 waves.
I am curious to see if...
Technical Analysis
Aurobindo Pharma has taken support at upper range of support box(630). It can move upwards after taking support at 630 price level. It is good time to accumulate share at current levels for long term.
Fundamental Analysis
Current PE : 7.45 (Undervalued in comparison to peer Pharma stocks)
Sector PE : 38.7
Below data for previous 5...
Hi everyone, Aurobindo pharma consider buy 623 target 800 stoploss 545.
LOGIC BEHIND TRADE : Stock is near it`s weekly support (620-580) support identified from harmonic half bat pattern level 0.618 stock can bounce from support & can go upto it`s previous resistance 800 stoploss only 15 points from support. NSE:AUROPHARMA
