Search in ideas for "auro pharma"
Auro pharma- cheap drug @ 44Hi All ,
Are drugs cheap now-a-days ? Yes this one is available at 44.
Strategy
Buy April 560 put @ 22
Buy April 560 call @ 22
Net cost should be 44 or less.Target as mentioned on charts
Dont over leverage and buy 5 lots each , just stick to 1 lot .
options are risky , consult your financial adviser before taking trade.
Auro pharma : A very short term tradeThe trade is based upon 5min. chart so for very small time frame (today only trade). Dun buy at the highs, wait for pullback to 491.50 to 493 zone and some sort of confirmation to buy. The first target would be the vertex of the rising wedge @ 600 levels. The 100% of the morning bull move would be the next target @ 603.75
For better understanding of structure look for 5 min. chart.