Although we see a breakdown in AUROPHARMA, one can go take a long position at this price with a stop loss below 675 for the targets of 740 - 750.
NSE:AUROPHARMA Pharma sector is already much oversold but it doesn't mean that it can reverse from here tomorrow only, so whoever knows reversal trading those only please try to trade on this chart. As one can see at the D point of harmonic pattern there is a dashed line that is called harmonic PRZ even below that there is one line with a caption like closing...
#AUROPHARMA is at 60M major support of 700 it may bounce back if respect this support and it can become a good chance for buyers here
Auro pharama is at it's supply zone make a position in it for long position
AUROPHARMA at support on weekly charts. One can go long from here with a stoploss around 725.
The stock is in very sharp downtrend. Everybody is bearish on the stock. I am planning to trade the short term trend in the stock.
Near strong bounce back zone. Bullish Zone will act as strong resistance for short time... Levels Marked... Happy trading... Like.... Share... Follow....
Double bottom breakout. CMP: 970 Expectation: 1010
Auropharma trading at 38.2% filo retracement level which is at 767Rs in the Weekly chart. It also has broken up trend channel in weekly chart. Reversal may happen at this level. If reversal does not happen then add more at level of 675 which is fibo level of 50%.
Auropharma weekly bat will be active from 827 result is there in this week Trendline support also coming to harmonics buy level
Aurobindo Pharma Observations - stock is currently trading in downtrend channel - strong bounce back was seen from lower end of the channel - the line of support at 885 identified in my previous post on June 24, 2021 also provided support - currently trading at midpoint of channel - till the time trading above the blue line, Medium term trend is still up...
AUROPHARMA : H&A its 15 min charts with H&S pattern For Educational purpose only.
Since last year AUROPHARMA trading in uptrend channel. In current situation It's trading near its support level and it showing reversal to continue its uptrend. It's best time to go long in AUROPHARMA to upside targets. This pattern will fail if this stock give close below the mentioned support level. Take reference of chart for targets and stop loss levels.
Key Highlights: 1. Approaching trendline 2. Flag and Pole pattern 3. Rebound from 200 MA 4. Support from 0.5 Fibonacci level 5. Volume lacking at the moment 6. Early signs of a breakout 7. Stop loss: 936 Better visualization of the pattern using line chart: You are always advised to use an appropriate Risk-Reward ratio as per your strategy. Disclaimer:...
JUST DIAL: Trendline Break. Pivot 981.
Sell @959,SL-964, TGT-947 Buy @970, SL-965, TGT-976/978
Buy Auropharma At cmp 1007 Add some more on dips to 990-992 SL - 972.9 Target - 1080/1100
Auropharma potential reversal zone 960-65 can test 1000 view negated below 945 daily close Thanks Jigar Pateel