Can go long till holds trendline support. Good R:R
Auropharma above 593 Looks good for 10/20% Only Sustaining above 590
NSE:AUROPHARMA #NSE:AUROPHARMA formed beautiful ascending parallel channel. Support and resistance levels marked for practice.
> forming continuation pattern > you may call it ascending triangle pattern . > breakout above 565 would lead a new rally. > stop loss 556 > 1st target 1:2 and 2nd is trailing stop loss which is HL > 1-4 days trade > use proper risk & money management. > only for education not a trading tip. i may or may not trade this setup. > trade at your own risk.
Kindly refer chart for details Candlestick pattern Bullish Engulfing formed with good volume
NSE:ZYDUSLIFE #NSE:ZYDUSLIFE formed beautiful ascending triangle, Levels marked for practice. Happy LEarning !!
NSE:GLENMARK #NSE:GLENMARK 360 CE given today and it worked really well and bagged 14k/lot. Further levels marked can be work as resistance. Happy LEarning !!
NSE:STAR #NSE:STAR shared day before yesterday with levels and it BD from support and resulted 7% yesterday. 320 PE Bagged 18k/lot. Happy LEarning !!
NSE:STAR #NSE:STAR 310 & 330 CE bagged handsome profits of 15k/lot today and formed beautiful ascending triangle. BO Reisistance and sustainability may show good upside momentum, BD trendline support levels marked for caution. Happy LEarning
Can we see the double top on the monthly chart in pharma, why is pharma not moving? The chart is self-explanatory.
target 1----579 target 2----666 target 1----579 target 2----666 target 1----579 target 2----666 target 1----579 target 2----666 target 1----579 target 2----666 target 1----579 target 2----666 target 1----579 target 2----666target 1----579 target 2----666 target 1----579 target 2----666 target 1----579 target 2----666 target 1----579 target 2----666 target...
NSE:CIPLA #CIPLA Descending triangle, levels marked on chart for practice. Happy LEarning !!
Buy on Breaking of Line. SL current Candle Low. As per chart.
Wait until 600 levels broken and can take entry selling pressure can come really fast keep an eye
NSE:LUPIN #LUPIN trading in range since 2 trading sessions, adding to that on a Higher time trading @ major support level and 1% down may give more fall. Sustainability may give good upside move, both side levels marked on chart. Happy LEarning !!
NSE:GLENMARK #NSE:GLENMARK formed Ascending triangle. Levels marked for practice. Happy LEarning.
Observations - Line of Support at 680 - 20 day EMA and 50 day EMA around 668 and 664 respectively - 200 day EMA around 728 Momentum may come once the stock gives a close above 728 - 740 zone 20 day and 50 EMA might provide Support Trading strategy: Given the set up, one may consider Selling Aurobindo Pharma 28 April expiry 680 Put option currently...
Auropharma looking strong you may gain 10 to 15% above buying level.