AURO PHARMA (Aurobindo Pharma Ltd) BUY ABOVE 603
Short below 562 Target - 555 / 550 / / 545 / 540 / 535
AUROPHARMA monthly char study - Rectangle
AUROPHARMA BUY ABOVE 629 AUROPHARMA (Aurobindo Pharma Ltd) BUY ABOVE 629. After crossing the major resistance at 629, Stock can have a up move till about 645. And if 645 is broken then 660 is next target.
Follow me if you want notification alert . Support 574 to 879 for targets 2 days of trading secession 605 to 614 Breakout Pivot 615 above for targets 680-689. Buy in dip because protective stop is below 570,
Short in Auro Pharma. Prices are in a strong downtrend and we see price showing a corrective bounce towards the falling trendline and at the flat horizontal level. Sell at : 642 Target : 600 Stop Loss : 664 Risk Reward Ratio : 1:2
Please see the chart for levels...
Auro Pharma is trading in the range shown by trendline on chart. It has bounced 3 times (up arrow) from the support line of consolidation zone. RSI is also in oversold territory and has rebound from below 20 to above 20. Any correction towards 695-690 range can be used to initiate buy position with stop loss below 668 for target 732- 755 on up side.
* On the daily chart stock price has decisively broken out from its multiple resistance zone of 822 - 830 levels on closing basis and sustaining above the same. * This breakout is accompanied with increase in volume which supports bullish sentiments ahead. * The daily as well as weekly strength indicator RSI and the momentum indicator Stochastic both are in...
Trade NIvesh : Pharma shares were trading higher in Friday's morning session with their sectoral index trading higher. if you want to make position in future market BUY AUROPHARMA FUTURE ABOVE 826 TG 850, 880 SL 812
Sell below 811, and target 804-799
Good opportunity on Auro Pharma seems to be consolidating out of a correction Hurdle 870, good for long term investors also.
THERE IS A CLEAR BREAKOUT FROM A TRIANGLE PATTERN AND SMALL CONSOLIDATION IN A WEDGE LIKE STRUCTURE LET IT BREAK THE CONSOLIDATION FOR A BULL MARKET REFER CHART FOR DETAILS