AUROPHARMA - SYMMETRICAL TRIANGLE PPATTERN#AUROPHARMA
BUY ABOVE 846
SL 823
TGT 854/ 863/ 874
SELL BELOW 823
SL 845
TGT 100EMA/ 200EMA/ 792
AUROPHARMA trade ideas
Auropharma ShortI hope you can now see how the Auropharma represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favour.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
AuropharmaAurpharma has given good sign yesterday.. we can short this level
Short hold with sl of 830... target 660-50.. cmp 814
Risk reward 1:10 ... risk 15 point reward 150 points
Before jump in to trade ask your financial adviser.
Auro Pharma - LongReasons for going Long:
1) All Pharma stocks in Uptrend and NIFTY Pharma is also at a small consolidation after rally.
2) Good news on Covid drugs.
3) The Falling wedge and Head and Shoulders breakout patterns happened with a good volume and now at a last kiss near crucial resistance. Any breakout with Good volume will achieve the first and second targets.
Entry - Can enter after the breach of the Crucial resistance. Ideal entry can be above 824.
Once First target is achieved, can trail Stop Loss for the second target if the trend continues.
HH and HL formation in AUROPHARMA Buy above 822 with target of 835. Sell below 815 with target of 800 . Always see confirmation candle in lesser time frame 5/15 mins and take trade . HH implies supply zone and HL implies demand zone .
Disclaimer: Analysis in charts are only for educational and information purpose only. Invest or Trade at your own risk management.
Aurobindo Pharma Elliott Wave PerspectiveDo not ever Forget the content on all of our analysis are subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Nothing on this video constitutes a personal recommendation. Seek independent financial advice from licensed professionals If you need it.
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AUROPHARAM hits target 3watch how my targets are being hit precisely.
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AUROPHARMA NEAR BREAKOUTAUROPHARMA is near long term resistance and if sustains above 808-810, can be good candidate to go long.
#auropharma
Auropharma sell on riseSell for any rise from cmp to 800-805
tg 760/730/700
Try to sell as near as possible to 800
2 day clbs sl 805.5
AUROPHARAMA again trying to break the monthly trend line.last time I was neutral on auro pharma.
how ever with fall nifty it seems pharma sector again coming in to focus
auro pharnma has reversed from the median line and it drew my attention.
as per me fourth wave consolidation is going for this stock on monthly basis.
it may have break out in coming days.
I was expecting to fall it to 726--729 range and was neutral for this bullish stock..
Auropharma - Cracking The Code for Rs 40000 - Will it Give More?Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Trading Strategy
Sell is valid only below 805 or close to 810 - No Trading if goes above 805 or 810
Target - 790 /775 / 760 & More on downside
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Last Idea on TradingView
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Auropharma- Trade setup for 7th July 2020 Bullish above: 773
Bearish below: 763
Stop loss: 12-15 points
Price at the bottom of the range.
Watch 763 price level closely.
Enter on pullbacks don't chase the market.
Auropharma best time to short the stocksince the channel s broken in day time frame and the target for the sell is (first target is 715 and 640) stop for the day time frame is 900 since the view is long time
Auro pharam may come down to 729-726 range Bullish cypherNifty pharma index seems to be correcting .
Auro pharma may come down to 726--729 range.
From there it may reverse.
[Buddha] AUROPHARMA Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
[Positional] Auropharma Short RSI showing divergence to price, the stock looks ripe for a healthy correction.
Also Price is at a major supply zone.
Sell If it breaks Previous day low PDL with stop at Previous day high PDH
Sell below 763 with stop 794.
Paid Attention to rhythm of the wave, AUROPHARMA next move....!!The wave A and B in both sets parallel channel and Wave C will be set of mnext 5th Wave.
Elliott’s cycle of the 5th Wave is under-construction. 3rd wave was extensive in price and after it, Two Sets of AB and C with slanting parallel channel .
-> Bottom Out: You have figured out that Wave 4 would normally retrace 0.618% of Wave 3.
Wave Personality : I won't expect 5th too much extensive than 3rd wave that why A, B, and C cycle fall projected in the chart.
----------One DAY chart----------
A continue move towards up-direction from level 288 to 818.
Main Resistance level is 830
From the current level price will be attracted near 769 price, and continue to follow the price up-to 842.
