Get started

Auropharma-trading

HAS AURO PHARMA EXHAUSTED OR TRYING TO TRAP MORE SELLERS !Hi Traders/Investors, Last time when I posted this scrip analysis one of my followers was short at 701 with heavy quantity . I gave advice to come out from this position as sellers are being trapped . See it touched almost 780 . Now again this time my one of the followers is long . Eagerly waiting to know next move. So for this time, it is for you and many more traders who are on long side. See a red color channel is in fig where price took resistance and made shooting star candle circled in pink, which is activated now as second candle closed below candle circled . This gives me first information if this down move continues the end of main green dotted trendline then i will lose my money. So if i am long I will book my position here. I will not wait to convert my trade into hope that red dotted channel and green doted line will act as support. In any case if this area provides support then I will reenter in position rather to finish my profit of trade in hope.If you see the last statement of mine. I clearly said trap rally can end near white resistance line. Price did not touch it but made micro resistance zone at top.If strong bears entered at red channel top then price should move out of green trendline. If week then this area will provide support. simple logic. if price gets support at green line then a final up move can be seen to white line. on reaching at that area I will see will it continue further or finish. other side as soon as price takes out green dotted line with white support zone then trend will change . so follow conditions properly. I manifested both side trades with clear logic and conditions. If you want to win then maintain discipline by following conditions. Rest market will decide. YOGESH VATS
NSE:AUROPHARMA
by yvatsji
3
SHORT POSITIONS ARE BEING TRAPPED IN AURBINDO PHARMA SEE HOW?Hi traders/investors, This is really amazing that aurbindo pharma is showing weakness symptoms where as sellers are being trapped. In fact one of my followers requested to clear the picture of this stock . Basically he is short with heavy quantity. I do not know the rate at which , he took positions. So this analysis for you and those who are in similar circumstances . See care fully. 1. Before going to technical part I share which phase is going in this stock. Actually Re-accumulation is going in this script. Means buyers are buying at attractive levels by keeping price in range. So trapping has been done by buyers. It does not mean bears do not play in it. At certain point buyers do not show interest for buying .They give chances to sellers to take price down so that they also get chances to buy at lucrative price again. In short all game is in hands of buyers but they show that both sides are fighting to gain control. Even the best panelist on air say market is in range bulls and bears are struggling to take control. This is not true. The psychology behind this re-accumulation is that which I shared with you all. 2. Now come to technical part. I showed you at volume area that it is decreasing with increasing price. Therefore, volume relationship with price it should come down. But what I feel is this is classic trapping of sellers . Hope has been creating by buyers showing weakness so that sellers start taking good loss in hope trade. As you know the psychology of human being , They stay in losses and left in profit. This is what creating in this scrip. 3. A red channel is created at the top of strong zone showing weakness. By confusing sellers that price will break the red dotted channel lower end and will not take support of strong zone. But here reality is different by trapping more sellers and keeping rest of sellers in hope trade. At certain point boom to upper zone of white color in fig. This is how I Manifested the move of this stock. A illusion is being created of different factors which sellers so that sellers find their positions for entry. 4. Now talk about other side. See a very strong zone and green dotted trend line until and unless this is not taken out structure is in pure up trend.I will leave my long when green dotted trend line is breached. 5. I showed the anticipated movement in white color price will come down to this strong zone and will start its final move to upper white zone. This is the whole scene . Now Dear follower decide your self with your selling price what you want to do. I can be wrong any day any time. For investors this is not the right time to invest in this scrip. Rest price will decide. YOGESH VATS
NSE:AUROPHARMALong
by yvatsji
6
Paid Attention to rhythm of the wave, AUROPHARMA....!!!!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 normally retrace 0.618% of Wave 3. Wave Personality : I won't expect 5th too much extensive than 3rd wave that why A, B, and C cycle fall projected in the chart. Please, share your LOVES by giving LIKES and comments .
NSE:AUROPHARMA
by Trade-Technique
40