I have been charting and investing in Aurobindo pharma for a couple of weeks now, and was able to find a triangular pattern which can lead to a Big move. The triangular pattern and the support just happen to be coincidental . Fundamentally as well as logically everyone can see the situation of rising cases in the past few days. I hope you benefit from this article.
NSE:AUROPHARMA Can buy now at 955-950 or at dip 930-935 SL closing below 910 T- 980,1010,1040
buy auropharma with sl 920 target 1010
The stock has given Falling Wedge breakout on the daily chart with good delivery volume. RSI also turned to a positive zone. We can expect price movement up to 1030 in the near term. Also expect price movement up to 1090 in the mid-term.
AFTER A SIGNIFICANT CORRECTION, IT IS ON THE WAY TO REACH ITS ALL TIME HIGH
We bring another trend analysis of a well known Pharma Stock AUROPHARMA. Aurobindo Pharma was making a trend since May 2021 & now it has given a breakout with vol. Expecting a good bullish movement. One 1D time frame Since June it is making a higher high & higher low which also show that an uptrend is occurring in the stock. So, You can take Target & SL as per...
Aurobindo Pharma was consolidating for a while near the Supply Zone /Resistance. The price burst out like water bursts out after huge pressure build up inside a pipe. On similar lines, when there is strong consolidation , its like pressure building up on the price near a resistance or support and soon after , the price breakouts with extreme force. A same action...
Positional Trade: Aurobindo Pharma has broken out from a falling trend line with simultaneous spurt in volume. Buy: Aurobindo Pharma CMP: 1007 Target : 1100 Stop Loss: 975 Holding Period: 1 Month
👑 Drop a follow here: @Averoy_Apoorv_Analysis 👑 ----------------------- 🔥🔥 Target: 1000 Followers 🔥🔥 📌 Strategy: Beautiful and long consolidations like this are not only amazing but also tells the story of a mover in making. 🗝 Pattern here is a bullish flag pattern that too above an important level 🗝 The chart here is of the Daily time frame and breakout done...
Auropharma has broken out of this triangle pattern.
Aurobindo Pharma - Cmp 986 The stock is moving after consolidation. Looks good for long with 950 sl on closing basis. Reason: 1. Trading near support area, so risk reward is favorable. 2. Rsi shows hidden bullish divergence.
Buy Auropharma Closing Price - 1013.05 SL - 940 (DCB) Target - 1150/1200/1300+++
Aurobindo Pharma has bounced from a strong support zone and a possible up-move can be expected from these levels. Trade at your own risk Trading Genius.
The inverted head and shoulders pattern have been forming for some time and even though it is on green but it is bound to come down as this is over valued. Wait till 880 and 796 levels to enter the stock. RSI is over bought on the monthly time frame. See the retraced bar pattern from nov 2020 to march 2021
The breakdown was perfect on the rising channel. If it respects Support, Long it with proper strict SL. As per Chart. DD Advised.
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