AUROPHARMA trade ideas
Auropharma...... Barracuda in 4 hr charts ???Explained on charts ........
This is just my view.... trade according to your own risk management .
Question on AUROPHARMAStock is clearly at resistance, And that too a very strong one.
Staying above 1020 for few days can do well.
Since Trend is good, One can go long on dips as well till its holding above rising trendline.
AUROPHARMA - CMP: 993It has given rounding bottom breakout with v.good delivery on the weekly chart. It is also moving in a channel on the daily chart. It is taking resistance at the upper trendline of the channel band. ADX is confirming strength in movement. Closing above 1023 will confirm channel breakout. We can expect a breakout price movement as 1030, 1090 in the near term. Also overall channel breakout target as 1250.
longauropharma if start trading and sustaining abv 1015 then it will have a weekly breakout and ATH breakout
weekly volumes are incresing
daily 3 dozi near resistance IOI
Auropharma possible rounding bottom breakoutAuropharma pharma closing above 970 will give big move and breakout.
Target details given chart
SL-885
💊 #auropharma #niftpharma #nifty #nifty50 #bankniftyNSE:AUROPHARMA
whoever waiting for big fall in #nifty coz of #corona they should be little careful here at this stage as technical saying something else. short #auro with strict sl as per harmonic pattern. to understand the science do not miss my videos.
Auropharma Buy with sl 880 Auropharma is broken daily resistance one more resistance near 930 if it breaks then it may go to 975
targets are 975 and 1020
good luck all
AuropharmaTook a position today at a buying average of 943 let see how it goes in the next few days.
Not a trade suggestion for anyone.
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I’m not a SEBI registered advisor. I’m also a market learner like everybody else. The analysis given below is based on my own market experience in last few years. I also advise before taking a trade please carry out your own analysis and trade based on your own risk appetite. Trading is all about probabilities and I can be wrong at any time.
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Auropharma may head towards 977-1020 levels🔴As the corona cases increasing in India and auro pharma being an undervalued pharma stock out of the bunch can give a good move in the short term.
🔴They had recently demerged their injectable business which is a good news.
🔴The stock is technically at breakout level any up move above 955 can bring bulls in📈
◽️The view gets neglected below 909, trade at your own risk
Auropharma - IHNS in formation..Auropharma - IHNS in formation..
Auropharma showing multiple positive patterns.. keep eyes.
#Disclaimer:-I just shared view for only educational purpose.
AUROPHARMA BREAKOUT WITH DOUBLE BOTTOM PATTERNLooking very strong on the weekly chart after the major breakout at the level of 850 with double bottom confirmation...Go long with AUROBINDO PHARMA
Aurobindo Pharma looking Good Pharma sector is Up. Aurobindo is crossing its Day's High levels. Potential to go Upside
AUROPHARMA BUYAnalysis as explained in chart. Targets as given in chart.
This idea is for educational purpose only.
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