AUROPHARMA
BULLISH AUROAurobindo Pharma after making low around 290 levels , has made high of 960+ levels. Since then stock has been in correction and retraced around 38.2% till 730 levels. however stock has now given Inverse Head and shoulder pattern breakout on 1 hour chart.
we expect long term prior trend to continue, support is around 790/740 levels.
PS: chart and view for purpose of learning. please consult financial advisor before taking investing decision.
Auropharma can be a good short oprtunity at these prices852 and 833 are major resistance for auropharma.
you cna take buy here i\above 30 minute high for these target 833 and 852 and can do some shorting also at 832 or 852
AUROPHARMA SPOT SWING VIEWAUROPHARMA spot is near strong support zone (850-40). if hold this level then go long for level - 899/949.
view negated below - 819 (DCB).
AUROPHARMA is Making Symmetrical Triangle Pattern (Breakout)Aurobindo Pharma Limited : Pharmaceutical Company ( NSE:AUROPHARMA ) is Making Symmetrical Triangle Pattern (PATTERN BREAKOUT TRADE).
This can become a very good trade for iNTRADAY Traders.
Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that BROKE this pattern. Or Low/High swing backward inside the pattern.
And as soon as you get a profit of 0.70% of your TARGET , you will trail your StopLoss and bring it to the entry point. And as soon as your first target is hit, you will release half of your total quantity and continue to trail your StopLoss above the last swing Low/High.
Target and StopLoss are never already FiXED in the chart pattern.
You always have to trade only by M oney Management, P osition Sizing, S topLoss Trailing. This is the way to stay in PROFiT .
If you want to get something good like this EVERYDAY then follow me here on TradingView now.
Chart Published By Ravinder Sharma
Thank U.
Auropharma H & SThe stock has formed H&S pattern and seems bearish for the upcoming sessions.
These are my personal views, follow your own analysis while trading.
Aurobindo pharma short caseHi friends
Aurobindo pharma clearly broke the head and shoulders pattern.
You can short on retesting of the neck line with stoploss above the right shoulder.
Blue line is target.
Your humble trader
KIRAN
AUROPHARMA is Making Symmetrical Triangle Pattern (Breakout)Aurobindo Pharma Limited : Pharmaceutical Manufacturing Company ( NSE:AUROPHARMA ) is Making Symmetrical Triangle Pattern (PATTERN BREAKOUT TRADE).
This can become a very good trade for INTRADAY traders.
Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that broke this pattern. Or Low/High swing backward inside the pattern.
And as soon as you get a profit of 0.50% of your target, you will trail your StopLoss and bring it to the entry point. And as soon as your first target is hit, you will release half of your total quantity and continue to trail your StopLoss above the last swing Low/High.
Target and StopLoss are never already fixed in the chart pattern.
Thank you.
You always have to trade only by money management, position sizing, StopLoss trailing. This is the way to stay in profit.
Chart Published By Ravinder Sharma
Auropharma Descending TriangleDISCLAIMER:There is no guarantee of profits or no exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while investing/Trading decisions.
Past performance is not an indicator of future returns. Investment is subject to market risks.
Seek help of your financial advisors before investing/trading.
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Auropharma Descending Triangle.
Currently in Wave D of triangle.
Short all bounces towards 800-810 Stop loss 822 target775
If breaks below 773 on 15 min chart after wave E then 730,700
Strong close above 850 is the key for longPrice after breaking the pattern reached the resistance levels in a days trades. As discussed before always buy at support to avoid the pressure after taking the breakout trade. :) !!
850 should be the resistance level for this breakout and if breaks this levels it should reach 880 and more in the coming sessions.
Aurobindo Pharma High Probability SetupNSE:AUROPHARMA
Clean momentum in Weekly - Breakout and Retest function
On the Daily, clean Uptrend - taking support at previous Breaout high
On 75m - Inverse Head and Shoulders Pattern. A swing long entry can be taken only on confirmation (breakout of the neckline).
AUROPHARMAThe above are only for educational purpose only not to recommend buy or sell so im not responsible for any profit or loss...
ABC Correction of ELLIOTT Wave on AUROPHARMA.ABC correction is ready for AUROPHARMA and Parallel Channel has penetraction at 5th wave.
The 800-700 Levels are possible short for this stock.
Kinnari + Elliott's wave theory
5 + 3 = Waves
Do you remembers my last research on AUROPHARMA with ELLIOTT WAVE?
Auro pharma(Equity) levels...25/08/2020 (1hr Candle)😊Auro pharma(Equity) levels...25/08/2020 (1hr Candle)
Auropharma Short Term Analysis_25/08/20a. Zone: Strong Bull
b. Resistance 1: 886.90
c. Resistance 2: 894.15(Double Top Bearish Pattern)
d. Support 1: 868.80
e. Support 2: 854.30(Double Bottom Bullish Pattern)
NSE:AUROPHARMA
Auropharma Daily Analysis_21/08/20a. Zone: Moderate Bull
b. Resistance 1: 866.95
c. Resistance 2: 873.30
d. Support 1: 860.50
e. Support 2: 856.25
NSE:AUROPHARMA
AUROPHARMA "consolidating"Auropharma can be seen consolidating between the support and resistance.
me personally looking for long trade after the resistance @ 881
with a stoploss of 853 with very less quantity, always try to keep the quantity low as the markets nowadays due to covid-19 any new's can make or break. avoid large Quantities."Little Profit is better than Higher Losses"
Let's see, this is my personal view hope for the best. Whats your view comment down below.
