My PredictiveEngine's Intraday call(18-May-18)-AUROPHARMABased on my PredictiveSystem's signals, its going to be a RED candle on 18-May-2018 for AUROPHARMA
Sell Below: 593.4 for targets -
T1: 588.9
T2: 586.3
T3: 583.5
SL: 598.1
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
AUROPHARMA
My PredictiveEngine's Intraday call(02-Apr) - AUROPHARMA - ShortBased on my PredictiveSystem's signals, tomorrow (02-Apr) its going to be a RED candle for NSE:AUROPHARMA
Sell Below: 556.4
Target-1: 552.3
Target-2: 549.7
Target-3: 547.2
Stop loss: 561.2
Note: These calls are based on my own analysis. It may or may not work well for you. So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
Auro pharma- cheap drug @ 44Hi All ,
Are drugs cheap now-a-days ? Yes this one is available at 44.
Strategy
Buy April 560 put @ 22
Buy April 560 call @ 22
Net cost should be 44 or less.Target as mentioned on charts
Dont over leverage and buy 5 lots each , just stick to 1 lot .
options are risky , consult your financial adviser before taking trade.
Option Strategy before budget & quarterly result.Auro Pharma has announced 07.02.18 for results and the budget is on 01.02.18 so one can avoid the risk of volatility. The price has already moved down by 10% in last month. In this situation one can try the following strategy :
2/1 ratio call spread and put spread:
a. Buy 660 call 2 lots 14 to 17 range (Current-Price 15.20)
b. Sell 640 call 1 lot 21 to 26 range (Current-Price 22.30)
c. Buy 600 put 2 lots 14 to 17 range (Current-Price 15.15)
d. Sell 620 put 1 lot 21 to 26 range (Current-Price 22.65)
Max loss In the range of 2700 to 7500 if price consolidate 660 to 600 band post result
Profit 11000 to 18000 if price move above 706 or 555 post result
One should hold it for 10 working days or post result
AUROPHARMA Cypher CompleteAURO has been moving sideways, making a few patterns along the way. Recently completed the Cypher, and reversed already. Are we too late????
B- level seems interesting since BAT n CYPHER chare the same B-level. ANd its been tested a few times already. Its about to test that levels again. awaiting a breakout or reversal from that level.
Pharma Index at long term supportCNXpharma has possibly bottomed out at 8315; atleast for the medium term
1. Completion of ABC correction (A=C)
2. Recent low at 8315 sits rights above a major consolidation zone
3. Recent Low also falls along a trendline support
4. RSI divergence on weekly and daily charts
A full EW count is not possible since the index is barely 4 years old and its constituents are much older.