AurobindoPharma GoLongGood Setup For AuroPharma Pure Price Action Based ...
I think 1034 is big hurdle for this stock because the way stock fall from this levels with big Volumn..
i will suggest go long After 1035 then we can see upside target ...BUY@ 1035--SL@1015-1010
Targets Shown in chart..R:R=1:1.5
now it in strong support Zone ...IF it break then can see downside levels shown on chart..
AUROPHARMA
AUROPHARMA BULLISHAurobindo Pharma looks to breakout the trend. Currently there is a resistance at 1010 range and a strong support on volume profile near 940 range. The stock has tested its low and is currently in the phase of its second leg.
If the stock breaks out above 1010 range, buy it with a target of 1050-1100. Keep a stop of 980
AUROPHARMA - Ride the TrendAUROPHARMA - Breaking ATH and coming out of the consolidation of almost 6 years. Faily performing stock which one might consider to hold for few years. Largecap hence dont expect multifold returns. CMP - 1038. Consider adding if you are looking for largecap investment. Else avoid
Aurobindo pharma to the moonBreakout of cup and handle pattern in Aurobindo Pharma. The stock belongs to the pharma sector, so I'm expecting less impact of COVID scenerio on the movement of this stock.
#tothemoon
Note: This is strictly for education purposes. I'm still learning the concepts of stock market. I'm not responsible for your profit or loss. Do your own analysis before taking any positions.
Aurobindo weekly breakoutA weekly breakout with 780 as a stop loss and trend can touch to 1500 levels.
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AUROPHARMA - CMP: 993It has given rounding bottom breakout with v.good delivery on the weekly chart. It is also moving in a channel on the daily chart. It is taking resistance at the upper trendline of the channel band. ADX is confirming strength in movement. Closing above 1023 will confirm channel breakout. We can expect a breakout price movement as 1030, 1090 in the near term. Also overall channel breakout target as 1250.
💊 #auropharma #niftpharma #nifty #nifty50 #bankniftyNSE:AUROPHARMA
whoever waiting for big fall in #nifty coz of #corona they should be little careful here at this stage as technical saying something else. short #auro with strict sl as per harmonic pattern. to understand the science do not miss my videos.