AUROPHARMA trade ideas
Auropharma for 07.06.20211. looking strong above -963, have position for the targets of -T1, T2, stoploss - 957
2. looking weak below -955, have sell position for the targets of -948, 941. sl- 961
3. trade will remain void if opens big gap up or gap down.
[Positional] Auro Pharma Retest BetNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
=======
I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want.
=======
I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
=======
Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
=======
Positional #1 AuropharmaHi traders !
Auropharma just broke the daily trendline and is currently hovering at Daily Demand Zone.
I am expecting that it will break this zone .
The next stop will be the support from weekly trendline and there is also a Daily Demand zone.
Will initiate a trade from there..
Lets see!
Level mentioned in chart Trade according to breakoutLevel mentioned in chart Trade according to breakout
buy auropharmabullish gartley harmonic pattern has formed in auropharma in 1hr chart. it can retrace to 0.38%-0.50% of CD
VCP Formation on the verge of a BO around Earnings announcementStock is forming a nice VCP around it's ATH.. Volume is visibly dried out and the stock is forming a nice symmetrical triangle. Ideal candidate for a breakout but it's better to wait for the breakout to happen as the stock can breakout on either direction.
Auropharma shortsell from cmp to 1040
daily close above 1043 for consecutive 2 days
easy target - 1007
t2 - 991
Disclaimer : This is my personal analysis for study purpose not intended for trading
INVERTED CUP WITH HANDLE PATTERN IN AURO PHARMA GO FOR LONGI think it's inverted cup with handle pattern in auro pharma so wait for the break out and than go for long after break out.
risk takers can buy from here other wise according to me buy above 1030 if 30 min or 15 min candle close above 1030
targets =1040,1050,1060
stoploss 1000
if agree please like and follow us for more updates...
HAPPY TRADING
Buy Auropharma @ 1016, T- 1060, SL - 999.50Buy Auropharma @ 1016, T- 1060, SL - 999.50
Stock is making HH-HL pattern & bounced from support levels
BUY AUROPHARMAAUROBINDO PHARMACEUTICALS WAS FACING RESISTANCE OF THE TREND-LINE ON MONTHLY TIME FRAME
NOW IT BROKE THE TREND-LINE AND SUSTAINING ABOVE IT HAS CONFIRMED BREAKOUT
ONE CAN EXPEXT THE TARGETS MENTION ON THE CHART IN 1-3 YRS
Auropharma shortsell from cmp to 1022
easy target 970
Disclaimer : This is my personal analysis for study purpose not intended for trading
Flag and Pole Pattern in Aurobindo PharmaAurobindo Pharma forming a flag and pole pattern. Stochastic RSI in oversold zone. Trend line touching. Trend line had worked as demand zone in the past.
