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AUROPHARMA KEY LEVELS SUPPORT AND RESISTANCE 01/06/2020Key Levels for AURO PHARMA : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~737.90
FIRST TARGET~741.65
INTERIM RESISTANCE~744.80
FINAL RESISTANCE~750.05
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LOWER BREAKOUT~730.20
FIRST TARGET~726
INTERIM SUPPORT~722.10
FINAL SUPPORT~717.65
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
For Auro-pharma bullish movement is going to ready.On monthly charts clear break out movement is going to ready for the Auropharma. Currently on trading the highly resistance zone as marked & surely will try to break this level as the same level tested several time. Easy target for swing traders is 695-710. A Small pull back can be seen from that level after stock can touch upto the level of 750-800
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Keeping a watch on this space for more ideas and updates
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Auropharma- Top@895 -is this the end?Long Back when Auro Pharma was trading at 770's - I was looking out for the last leg upside post-e-wave of the triangle in larger degree 4th wave. Likely we got the move also & Auropharma made new high@895 which was close to previous high@891.50.
Prices got rejected in the zone 890-900 likely indicate that auropharma could have already topped@895. Fall looks impulsive, which made a low@806 - bounce post low@806 looks very corrective & could be shaping out as A-B-C move after sharp down move from 895 to 806.
On longer term- trend could be bearish
Early Update-Triangle shaping out