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...
Hi Traders, 1. On May 25th, 2020, I mentioned in the analysis is quoting for your consideration " 2. Now come to the technical part. I showed you a volume area that it is decreasing with increasing price. Therefore, the volume relationship with the price should come down. But what I feel is this is classic trapping of sellers. Hope has been...
look for break out at any side as it is moving in a upward moving parallel channel
Hi Traders / Investors. In my last statements for this chart What i shared is mentioning for your consideration. " if strong bears entered at red channel top then price should move out of green trendline if weak then this area will provide support at green line." You can see inspite of activated shooting star circled in pink...
This Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
auro pharma has strong resistance at 795 region ..
Long if sustained above 755 target 773/800 strict sl 734 **Educational purpose only
Long above 800
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....
Bearish Rejection at 407, wait for market open to see more rejections and as I said don't just dial, take a call, risk to reward is good on this one. Protect your money and use proper risk management. About me:- This is your own scammer demo trader who lived in the stone age era & gained immortality by slaying a Ninja Dragon & his unicorn friend about 2.6 million...
Taking support at parallel channel Hammer formation confirms buying support Good quarterly results Pharma Sector and Market is in positive trend Good to buy at this price
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
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...
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...
On monthly charts clear break out movement is going to ready for the Auropharma. Currently on trading the highly resistance zone as marked & surely will try to break this level as the same level tested several time. Easy target for swing traders is 695-710. A Small pull back can be seen from that level after stock can touch upto the level of 750-800
AUROPHARMA had some good run in recent times The Price action shows, the first major jump happened with lot of volumes and then consolidation and then smaller jumps based on smaller volume hikes again there is a smaller volume hike, so consolidation expected in the next few days Entry, SL and Target provided on the charts Happy trading MSK