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AUROPHARMA

AUROPHARMAThis stock has given good breakout of double resistance trendlines along with good intensity of volumes, all other indicators are also suggesting for upside, one can go long at current levels or in dips (if any) with mentioned stop loss and targets on chart. wave structure could be like this key levels are mentioned on chart breakout with good intensity of volume chart pattern inverted head and shoulder neckline breakout macd in weekly positive crossover and uptick macd in daily positive and uptick macd in hourly positive and uptick above zeroline rsi in daily uptick and b/o rsi in hourly above 60s and 70s adx dmi in hourly upper bollinger challenged in hourly Disclaimer I am not sebi registered analyst My studies are for educational purpose only Consult your financial advisor before trading or investing I am not responsible for your profits and losses
NSE:AUROPHARMALong
by RK_Chaarts
2
Aurobindo Pharma: Would the bleeding stop???Aurobindo Pharma CMP 740 - In the last month and a half, the stock has taken a lot of beating and has been down and out... - since 18 Aug the stock has climbed slowly and steadily - the stock has seen resistance exactly near 20 day EMA Momentum might be seen once closes above 760. The zone of 738-712 if held on to may provide a back bone for further recovery towards 800-826 levels Time frame: Mid Oct - Nov beginning ROI potential: 10% approximately _________________________________________________________________________________________________ F&O Strategy One may consider selling 28 Oct expiry 700 Put option currently around 17-18 Max profit potential 11700/- per lot Yield potential approximately 9.5% on margin requirement till 28 Oct The strategy has in built loss protection for a fall up to 682. Do note the last time a trade was recommended in the Aurobindo, it did not work very well. It triggered SL and had to take a hit 😒 So do your due diligence Take care & safe trading....!!! Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - Use this for educational purpose - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - if trading in F&O, understand that F&O trading involves risk - Do take proper risk management measures - Do your own analysis and consult your financial adviser if need be
NSE:AUROPHARMALong
by indiamarketoutlook
Resistance crossed. Possible upside till at least 815.AUROPHARMA has earlier proved to have a great support at this level. This was broken and it went doen till 650. In the last week this stock has gained 100 a piece. It crossed the earlier support with good momentum. This might be a good time to go long and buy. To be safe it would be ggod to stop loss if it goes below the line. A stop loss below 725 would be good. I would suggest a target of 815. If you are too optimistic, you can go further depending on the momentum and volume then. This may go even further. But it is good to book profits at 820 since there has been some resistance earlier.
NSE:AUROPHARMALong
by aritraghosh09
Aurobindo Pharma - LongAurobindo Pharma - Long Buy : ₹ 697 - ₹ 730 Target: ₹ 768.05, ₹ 853.15, ₹ 903.6, Support: ₹ 673.5 Trade and Invest Wisely with your own knowledge! Good Luck! You can also see my other stock analysis and the results in my profile ideas. Please follow me , If you would like to see more ideas on winning stocks. **Disclaimer: I am NOT a SEBI registered consultant/Advisor. It is completely my view and opinion. My intention is not to provide any financial advice, training advice, or any type of advices or any recommendations on stock/Forex/Coin buying or selling. Please do your own research and consult with your financial advisor before taking any action. I am not responsible for any of your action on buying or selling or holding the above mentioned stock or/and index or/and Forex or/and coins . ***
NSE:AUROPHARMALong
by pmosesoliver