Aurobindopharma
Reversal Rising Wedge Pattern in AUROPHARMAAUROBINDO PHARMA LTD
Key highlights: 💡⚡
📈 On 1 day Time Frame stock Showing Reversal of Rising wedge Pattern.
📈 It can give movement upto the Reversal Final target of Below 1186-.
📈 There have chances of breakdown of Support level too.
📈 After breakdown of Support level this stocks can gives strong downside rally upto below 1070-.
📈 Can Go short in this stocks by placing a stop loss Above 1316+.
Medicine Expired - Aurobindo Pharma Hello Friends,
Once again sharing you a Stock which is like a Fruit Ready to fall at anytime - if you want to Study more just browse one month chart of Aurobindo Pharma and you will understand the story although operators are there making things a little dicy but -for EDUCATIONAL PURPOSE one can look AUROBINDO PHARMA 900 PE Option which is Trading at 1.75 Paisa March Expiry
AUROPHARMA: Terminal ThrustUsually 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 the level of wave-d. The minimum target of the pattern is just a poke above the level of wave-b and just above the level of wave-3 of the impulsive count. There is also a guideline to predict the target of this pattern which is known as triangular thrust. The triangular thrust is the measurement of the distance from the level of wave-a to the level of wave-b . This measured length should be kept at the point of completion of wave-e (conservative approach) or to the breakout level of wave-d to get the target of this pattern (aggressive approach).
Triangles are the penultimate waves i.e. waves before the last wave. This suggests that prices have reached to level of exhaustion and are likely to take a reversal. In this particular case, Auropharma is likely to finish the Wave-3. A break of the green trendline will give the first signal that wave-3 has peaked.
Trading strategy: Sell below 630 keeping Sl of the previous high before breaking the 630 on the downside and look for the target of 600/585 in the coming days/weeks.
AuroPharma @ Long Position Trade..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/ T1--600---T2--628---T3--640-670++++
Trade Duration of 1 to 2 months ..
This Trade Has Low Risk and high Return Possibility
This call is just for study Purpose. Do invest at your own Risk ..
STAY SAFE : Stay WEALTHY:::
Long on AUROPHARMA #Auropharma target 1----579 target 2----666
target 1----579 target 2----666
target 1----579 target 2----666
target 1----579 target 2----666
target 1----579 target 2----666
target 1----579 target 2----666
target 1----579 target 2----666target 1----579 target 2----666
target 1----579 target 2----666
target 1----579 target 2----666
target 1----579 target 2----666
target 1----579 target 2----666
NSE:SUNPHARMA trading bullish @ resistance !!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.
Higher Highs and Higher Lows - Recovery?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 it can create a turnaround here.
It is only for educational purposes and not an Investment Advice
Aurobindo Pharma Technical and Fundamental AnalysisTechnical 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 years.
Revenue Growth : 15.2%
Sector Revenue Growth : 6.96%
Market share increased from 7.65% to 11%
Net income growth : 21.4%
Sector Net income growth : 8%
AUROBINDO PHARMA LONG TERM SWING TRADEHi 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
Aurobindo Pharma - LongAurobindo Pharma - Long
Buy : ₹ 697 - ₹ 730
Target: ₹ 768.05, ₹ 853.15, ₹ 903.6,
Support: ₹ 673.5
Trade and Invest Wisely with your own knowledge! Good Luck!
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