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
Aurobindo 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! You can also see my other stock analysis and the results in my profile ideas. Please follow me , If you would like to see more ideas on winning stocks. **Disclaimer: I am NOT a SEBI registered...
NSE:AUROPHARMA Pharma sector is already much oversold but it doesn't mean that it can reverse from here tomorrow only, so whoever knows reversal trading those only please try to trade on this chart. As one can see at the D point of harmonic pattern there is a dashed line that is called harmonic PRZ even below that there is one line with a caption like closing...
NSE:AUROPHARMA Confirm Breakout , Looks ready for Buy Back for me
Consider buying in small lots near its support area as drawn in the chart
Positional Trade: Aurobindo Pharma has broken out from a falling trend line with simultaneous spurt in volume. Buy: Aurobindo Pharma CMP: 1007 Target : 1100 Stop Loss: 975 Holding Period: 1 Month
Aurobindo Pharma - Cmp 986 The stock is moving after consolidation. Looks good for long with 950 sl on closing basis. Reason: 1. Trading near support area, so risk reward is favorable. 2. Rsi shows hidden bullish divergence.
Buy Auropharma Closing Price - 1013.05 SL - 940 (DCB) Target - 1150/1200/1300+++
Aurobindo Pharma has bounced from a strong support zone and a possible up-move can be expected from these levels. Trade at your own risk Trading Genius.
Aurobindo Pharma Observation - we see a stupendous rally in stock from 797 to 1063.90 levels in 2 months - Since May 11, 2021 The stock is in down trend - 899 is 61.8% retracement level for Aurobindo Pharma - 880-889 has played a crucial role for the stock acting as resistance and support multiple times Given the set up Any price around 920-880 provides...
The inverted head and shoulders pattern have been forming for some time and even though it is on green but it is bound to come down as this is over valued. Wait till 880 and 796 levels to enter the stock. RSI is over bought on the monthly time frame. See the retraced bar pattern from nov 2020 to march 2021
1. looking strong above -963, have position for the targets of -T1, T2, stoploss - 957 2. looking weak below -955, have sell position for the targets of -948, 941. sl- 961 3. trade will remain void if opens big gap up or gap down.
On confirmation, go long Target 1 - 1080
Stock is forming a nice VCP around it's ATH.. Volume is visibly dried out and the stock is forming a nice symmetrical triangle. Ideal candidate for a breakout but it's better to wait for the breakout to happen as the stock can breakout on either direction.
CMP-1013 Support Zone from last few Days-1000/1003 Strong Support-965/975 following Trend from Low of 4th may level of 955..and took strong support with heavy volumn... Can go long above-1018 SL 1005
Breakout of cup and handle pattern in Aurobindo Pharma. The stock belongs to the pharma sector, so I'm expecting less impact of COVID scenerio on the movement of this stock. #tothemoon Note: This is strictly for education purposes. I'm still learning the concepts of stock market. I'm not responsible for your profit or loss. Do your own analysis before taking any...