AUROPHARMA trade ideas
AurobindoPharma Supply ZoneStock is in support zone as we can see multipal time support between 1004-1000
Make or break levels
If open gap up immidiate resistance is 1013 if give breakou and susitain above 1017 then go long on till 1035
if open gap down we can see levels of 985...
200 days Ema which is 1011 will be strong resistance and support if give break out both side ...
AUROPHARMA IN PARALLEL CHANNELAuropharma is in a parallel channel and also near trendline breakout above the channel can give us a good move
pharma stocks are are booming due to covid . The stock has given a breakout in daily timeframe and has come for a retest lets c if it sustains or not.
thank u :-)
Breaking the current high of 1064 we may see 1140 and 1200Breaking the current high of 1064 we may see 1140 and if crossed 1200 but that is where the fall begins and again good to buy at 725. Problem is there is no good volume with increase is price which is a worry and it is creating a megaphone pattern in higher time frame.
AurobindoPharma GoLongGood Setup For AuroPharma Pure Price Action Based ...
I think 1034 is big hurdle for this stock because the way stock fall from this levels with big Volumn..
i will suggest go long After 1035 then we can see upside target ...BUY@ 1035--SL@1015-1010
Targets Shown in chart..R:R=1:1.5
now it in strong support Zone ...IF it break then can see downside levels shown on chart..
AUROPHARMA BULLISHAurobindo Pharma looks to breakout the trend. Currently there is a resistance at 1010 range and a strong support on volume profile near 940 range. The stock has tested its low and is currently in the phase of its second leg.
If the stock breaks out above 1010 range, buy it with a target of 1050-1100. Keep a stop of 980
AurobindoPharma RocketLaunch...As we discussed yesterday .....see levels and targets getting up and up..
Option Call 1100Ce @28 - target 51 SL-20-19
AurobindoPharma Go Long ...CMP-1013
Support Zone from last few Days-1000/1003
Strong Support-965/975
following Trend from Low of 4th may level of 955..and took strong support with heavy volumn...
Can go long above-1018 SL 1005
AUROPHARMA - Ride the TrendAUROPHARMA - Breaking ATH and coming out of the consolidation of almost 6 years. Faily performing stock which one might consider to hold for few years. Largecap hence dont expect multifold returns. CMP - 1038. Consider adding if you are looking for largecap investment. Else avoid
Aurobindo observation1. Flat top pattern break out. Generally target would be around the length of the pattern.
2. Monthly RSI 60 support.
3. Weekly RSI range shift.
4. Can be a good bet.
5. Stop loss should be below the low of Previous month candle.
Aurobindo pharma shaped up in beautiful Cup with Handle patternMay 7
Breakout of cup and handle pattern in Aurobindo Pharma .
The stock belongs to the pharma sector, so I'm expecting less impact of COVID scenario on the movement of this stock.
Levels mentioned on chart & Given targets seems achievable.
Plan your trade accordingly
Comment: Entry @1010
May 7
Comment: Gonna add more quantity at 960 to 1050 levels, keeping stoploss intact SL @900
At Resistance Auropharma is at Resistance. Wait for the clear breakout. Take a trade after breakout above 1024 than SL will be the red line.
Aurobindo pharma to the moonBreakout of cup and handle pattern in Aurobindo Pharma. The stock belongs to the pharma sector, so I'm expecting less impact of COVID scenerio on the movement of this stock.
#tothemoon
Note: This is strictly for education purposes. I'm still learning the concepts of stock market. I'm not responsible for your profit or loss. Do your own analysis before taking any positions.
