Auropharma - Gabbar is Back@800 -Part 2Do check the 1st part as mentioned below
800 -Selling The Tops - Click the Video Idea
Targets Below 800
770
765
760
Below 760 -745 - If the action is severe then target shall get extended to 730-735 zone only below 740-745 zone - Any move later holding 740-745 zone can be seen as good bounce zone for upside.
Thanks for the watching the video and your precious time.
Pharmastocks
Auropharma - 800 - Darna Jaroor -Selling the Top Once Again !Good Morning All,
Feel Excited to share the photo from future assignment of the Auro fall right at the top from my sessions. As suggested last in the update mentioned below, moving and holding above 780 - we expected targets of 785 -790 and 798
Let us check in order
Last Idea Review
Last update on the post as of 15th Nov 2018
Previous Idea
Photo session before we leave
Next Trading Strategy
Last Idea Review
Targets above 780 was achieved twice. 1st attempt -785- 792 -later closing the buy position close to 792 levels & in next attempt above 780 - 785-790 & 798 all achieved once again before it turns back from 800 levels again - Darna Jaroor
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Last update on the post as of 15th Nov 2018
Trade active: 23:20 Hrs 15th Nov 2018
Last Price@780
Any move above 780 & holding 780 - Auro can have short term push upside to 785 -790 -798 levels
Fall can and should continue only if Auro stays below 780 levels.
Thanks and Good Night.
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Previous Idea
It's the time to disco - five turns to 785
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Photo session before we leave
"Say Cheese" at the lunch session - Falling from 800 - 19th Nov 2018
12:26 Hrs IST
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Trading Strategy
Break of Trendline - we shall look at 775 - below 773 next shall be 765 - 760 & below 760 -745 - in case of severe fall we can expect 730-735 zone
Thanks
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
Flag Breakout Trend Reversal Case: The stock was in downtrend through out the bull run of Nifty it made only lower lows. It is trading above the trend line and seems to have reversing the trend. It has made a Flag pattern and closed above its boundary today. One can trade the stock now for a target of around 1000. Those interested in investing for medium/long term can also consider to have it for their portfolio.
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
TORNTPHAI: Buy @ 1448, TGT 1548, SL: 1430TORNTPHAI Torrent Pharma consequently gained 3% on NSE today with 4 times its average volumes, although NIFTY itself lost 40 Points today.
Considering the greater volumes on the counter with prices above Ichimoku KUMO, TORRENT pharma is a great buy around 1448 with Stop-loss of 1430 and Target of 1548. NSE:TORNTPHARM
Reasonable Risk to Reward TradeIt seems that buyers are emerging at current level as Engulfing made on 22.05 is providing a good support. So one can buy the stock at current level or on slight dip tomorrow for a target of 2100 - 2140 by providing SL of 1935 on closing basis. It would offer a good RR ratio of 3.
Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
My Predictive Engine's Intraday call - SunPharma - ShortOff-late I started investigating more on predicting the next candle for the day and seeing enough success by using the patterns of various indicators. Pine scripting in tradingview has helped a lot to automate everything and create necessary signals. Based on the engine's call, tomorrow (22-Mar-2018) will be a super "Red" candle for NSE:SUNPHARMA .
Following are the entry/exit points
Short Below: 503.0
Target-1: 499.5
Target-2: 497.2
Target-3: 494.8
Stop loss: 508.2
Happy trading
Accumulate "Wock Pharma"As we can see that prices were in corrective mode since long time and it has been rising since couple of weeks. On weekly charts prices has tested the lower band of triangle and started recovering from bottom. Rsi Divergence also suggest that there is strength in Market and looks good on bottom of the chart. I do expect that if someone want to accumulate they can use 530 as their Stop loss while they can wait till higher band of the chart.
Aurobindo: Will This Pill End The Pain ?! contd..This is the continuation of my previous long term analysis on Aurobindo
As expected Aurobindo took nice support at 580 and rebound sharply upto the falling trendline of the downward sloping channel.
Volume-Spread:
As expected stock seems facing resistance near 620-630 levels. The volume however is declining.
Stock had a huge volume at 'a' but long wick at the top says supply is there at 607.
As this resistance level is crossed at 'b' we dun see a spike in volume, suggesting declining demand.
A new high at 'c' but further declining volume, even less demand.
New high at 'd', price juuuust crossed falling trendline with rise in volume but doji bar says indecision. So may be some profit booking started.
Notice that the price declined thereafter that but volume is not picking up, it suggests that bulls are still holding and bears are not still active.
Currently it is trying to build a support near 598 level. Although these are signs of consolidate near resistance yet I would say that, as mentioned in my earlier post, 580 is a key level to watch out for. Holding or breaking this support may decide the near term future of this stock.
This is just an analysis and not an investment advice. I always respect if you have your own different opinion on the stock.
Thanks
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STAR Buy Bullish 3LR at Channel !Ascending Channel offers simple trade on both the edges or for the trend follower only long trade on lower boundary. The stock has shown strength on 20.03.17 forming a bullish 3LR pattern and any retracement could be used to enter long trade. Stop loss 1118 on closing basis target 1200.
Cadila Forming "FLAG" PatternCadila Health Care prices are forming FLAG Pattern and prices are expected to trade higher if prices are able to break & sustain above 455 levels. prices can trade higher till its pole size. As per the pattern we can expect prices to trade higher till 555 or levels.
CLong
LUPIN BUY (LONG)Lupin is a BUY at CMP@1470 with SL@1420 for a target of TP@1600
Lupin gets USFDA nod to market pain relief, colonoscopy drugs and also gets FDA approval for generic Percocet tablets .
Lupin recently received FDA approval for generic Suprep Bowel Prep Kit and Suprep kit approval It may add 5% to Lupin’s EPS for FY18 earnings.
In addition the pharma major’s Goa facility has been cleared by the US FDA.
Lupin Result: Revenue grew 26% YoY to INR 44.8b Gross margin was stable QoQ at 71.0%. EBITDA rose 27% YoY to INR 12.2b with margin of 27% . EBITDA margin improvement was primarily driven by strong growth in US sales (+53% YoY, +8% QoQ; despite R&D as % of sales at 12.9%) and forex gain of INR 270m. PAT of INR 6.3b was impacted by 1% due to a high tax rate of 39%.
Lupin is a BUY at CMP@1470 with SL@1420 for a target of TP@1600






















