Auropharma - Live Market Video - Case of Ending Diagonal / WedgeDisclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Trading Strategy
Plan A ( Safe Traders - No Buying below 658 on a closing basis)
Holding 658-660 zone - we are open for an upside push towards Target 1 - 685 / Target 2- Above 685 for 695-700 / Target 3 - Above 700 for 730 to 740
Plan B
This is the selling plan when the pattern gets completed which can be done in 695-700 zone if fails to move above 700 or can complete in 730-740 zone
Selling below 700 (strictly) or Selling close to 730-740 zone for downside Targets mentioned below
Target 1 - 685
Target 2 - 665
Target 3- 625
Target 4- 600
Target 5- Only below 600 (Strictly) for 565 -----which takes the support of weekly channel upper end
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Hope this video helped to learn wave pattern which can be highly rewarding if you can manage your risk properly.
Thanks for your precious time.
Elliottwaveforecasts
Auropharma - Top or Trap at 700 !!!Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Trading Strategy
Plan A -
Moving Above 700 -Expect 730-740 as Target zone next
Plan B -
Stopping close to 740-750 - Selling can be expected but these are aggressive selling & stops are extremely tough to suggest until last moment - Once selling starts holding below 740-750 zone - we expect downside targets as
700 / 660-665 / 615-625 / Only going below 600 - Expect 565
Plan C -
Crossing above 750 & Holding above 750 - look for 780-810 zone as Target zone
Plan D -
Taking Support of Trendline (weekly chart) - close to 550-565 zone - Expect stock to push upside for 625 / 660 / 685-700 / Above 700 for 740 / Above 750 for 790.
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Last Video Idea Link - Is it Ready for Explosive Journey
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Thanks for watching the video & your precious time.