PHARMA
WOCKPHARMA - Dil Mange More.....Entry should be above 450 if sustains
Rest mentioned on the chart.
"Idea by MALKIAT SINGH"
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Auropharma - How can you miss 790's Education & Trading Idea
Trading Strategy
Plan A
Buy above 775 for 785-787
Plan B
Sell Below 765 for 755-745-735
No Trade Zone - 765-775 ( Risky Traders - They Can Buy close to 765 with strict stops below 765 for 773-775 & Sell Later in 773-775 for 765 downside with strict stops above 775)
Thanks for watching the video.
Confused about where to invest at this stage of the cycle?Monthly chart CNXPHARMA
Price action: Blue arrows show higher top and bottom
Line studies: Price moving out of red downtrending channel
Averages: Support at 200 period EMA in June 2018 and Feb 2019
RSI: Bullish divergence + trending up NSE:CNXPHARMA
Comment: One can consider investing in pharma funds/Etfs with a systematic investment strategy for 5 years (Holding period 10 yrs)
By Animesh Vashisht, CFTe
(Disclosure: I hold personal investments in the sector.This is just an opinion not advice.Consult your financial advisor beforemaking investment decisions)
Auropharma - It's the Time to Disco -Five Turns to 785Update
Do check -Latest update in previous idea- "Playing with Channel" - taking current price action into consideration.
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Chart Snapshot at 09:57 Hrs
Last Price@789
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Let us run the flashback
13th Nov 2018
Auropharma screamed to me post falling to lows of 760’s that I will do disco dance tomorrow 14th Nov 2018 on account of children's day - suggesting me the range as well - 780 to 765
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As updated on the post – “Playing with the channel” @15:50 Hrs -13th Nov 2018
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Closing Price@775
Top of 780's was kissed in today's session against our expectation of 785 - 790 zone from bottoms of 760's
Planning for Tomorrow -14th Nov 2018
Any chance to sell in 777- 780 zone shall be short term opportunity for 770- 765 targets downside
Later
Plan to buy in 760-765 zone if 759 is intact downside as It may do disco dance tomorrow between 780's to 760 zone
Because it needs to spend some time so next we plan to sell at the top range close by 780's & buy at bottom of the range which 760's -and dance with the market.
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14th Nov 2018
5 Turns to 785 which was updated on the post – “Playing with the channel”
“If you missed the updates on the post – check your settings in idea stream tab in tool's panel.”
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15th Nov 2018
Trading Strategy -
Latest Update
Taking into consideration early price action of today - 785 is key level and 790 is critical level -till the time 790 is intact -we shall sell for 775 -765 - 760 & below 760 for 745-748 target zone.
Plan A
Fall to continue from 785 – It’s 785 – Going Below 765 & Breaking 760’s can take stock to 745-748 zone which is next important support zone.
Plan B
In case, it holds 765 – does not move below 765 then risky buyers can take buy call /long position with strict stop loss below 765 & upside target as 773-778 later.
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Hope, you enjoyed the disco dance – 5 Turns to 785. Do take good care of yourself. Thanks for watching the video and your precious time.
Auropharma - Playing with the channel- Below 808Auropharma - Playing with the channel
Excited to come up with the video. Let us enjoy the market together. Do let me know your comments. Do take good care of yourself.
11:30 Hrs - 12th Nov 2018
Last Price@812.30
Trading Strategy
Downside Target - 790-794 zone below 808
Going below 790 - Look for 785 -780's target and take rest.
Missed the last update - do check in the profile page or mentioned below
Last Video Update -Price is immortal






















