On a daily chart price has given a breakout of the downward sloping trend line at 1118. Momentum oscillators RSI has given a positive crossover.
One can go for long with the stop loss of 1096 for the target of 1150. CMP 1125
Disclaimer:
Trading in financial markets involves substantial risks. Consult your financial advisor before making decisions. This commentary is not a solicitation to buy or sell.
WaveTalks - Market Whispers: Can you hear them?
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Applying Wave Analysis in Real Time & Making the Patterns Fit can lead to amazing trades, and we're here to celebrate as we've...
Disclaimer:
Trading in financial markets involves substantial risks. Consult your financial advisor before making decisions. This commentary is not a solicitation to buy or sell.
Auropharma
Last - 1106 / 1:14 pm / 1st April 2024
After Classic 5 Waves & Stock Topped at 1177 - Last Idea Published on 1st Feb 2024
Stock Dropped to logical support of...
AuroPharma:- It has been in corrective wave (B); and looks like it ended near 1130 zones. Now, if prices fall below 1100 then it indicates wave (C) in progress. This means a fall towards the origin of wave (B).
This is Educational purpose only consisting of Stock market views based on price action, Elliott Wave
& Fibonacci. Views expressed here are not for...
Aurobindo Pharma Cmp 1089 dated 28-3-2024
1. Triangle Pattern @ 1090
2. RSI BO
Buy above 1090 target 1110-1150-1175-1200 SL 1040
Pattern Target 1275 SL 1015
It is just a view, please trade at your own risk.
The current structure suggests that prices have formed an Ending Diagonal structure. Price are likely to fall towards 1000 and 975 zone with any rise holding below 1125.
Hello Friends,
Once again sharing you a Stock which is like a Fruit Ready to fall at anytime - if you want to Study more just browse one month chart of Aurobindo Pharma and you will understand the story although operators are there making things a little dicy but -for EDUCATIONAL PURPOSE one can look AUROBINDO PHARMA 900 PE Option which is Trading at 1.75 Paisa...
Date : 24-02-2024
Buy AuroBindo Pharma above 1115
Target of 1174-1216-1267-1312-1449-1630-1720
SL 748
Accumulation zone : 1001-884
Strategy : Trendline support + EMA above 20 & 50
Duration few weeks
Please consult your financial advisor before investing
All research for educational purposes only.
Disclaimer:
Trading in financial markets involves substantial risks. Consult your financial advisor before making decisions. This commentary is not a solicitation to buy or sell.
WaveTalks - Market Whispers: Can you hear them?
In Feb 2023, I shared an idea about Auropharma when it was trading in the 450s, predicting it would cross 1000+. The stock began...
Add this to your watchlist wait for conformation
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take entry only if it is stustaing above "YELLOW" box mentioned
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Fundamentally good stock
Right price to invest
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Dont be aggressive to take entry
it may takes time for right entry
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entry above 500
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stay for update
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refer my old ideas for clear view
entry above the line
stop below the line
stock in a bullish trend, after consolidation again breaking out
stage 3 to stage 2 transition ( Ref Stainweinstein's secrets for proofing in bull and bear marke)t
