Levels are indicated on chart . If you used the chart let me know how it helped
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For education purpose , refer to your analysis before proceeding
I hope you can now see how AUROPHARMA represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Thank You
Disclaimer: It should not be...
The wave A and B in both sets parallel channel and Wave C will be set of mnext 5th Wave.
Elliott’s cycle of the 5th Wave is under-construction. 3rd wave was extensive in price and after it, Two Sets of AB and C with slanting parallel channel .
-> Bottom Out: You have figured out that Wave 4 would normally retrace 0.618% of Wave 3.
Wave Personality : I won't...
AUROPHARMA finally trading at 52 week high.
Either there will be great buying opportunity or huge sell up momentum .
Wait, watch then enter.
My mood is about for Long with strict Tight SL.
BUY above 804
Target 1- 814
Target 2- 824
Target 3- 834
Warning: Tight SL otherwise it will hurt your pocket very hard!
Disclaimer : Only for educational purpose....
Kinnari + Elliott's wave theory
5 + 3 = Waves
The wave A and B in both sets parallel channel and Wave C will be set of mnext 5th Wav e.
Elliott’s cycle of the 5th Wave is under-construction . 3rd wave was extensive in price and after it, Two Sets of AB and C with slanting parallel channel.
-> Bottom Out: You have figured out that Wave 4 would...
Auropharma is giving a Buy Setup!! After the correction in 5 wave.. I would expect it to give an upward correction towards 50 to 61.8% fib levels.
Happy Trading!!
