Aurbindo Pharma SWING STOCKCan go for long with proper sl and risk management This analysis is only for educational purposesLongby imanmol13110
Shooting Star A shooting star occurs after an advance and indicates the price could start falling. The formation is bearish because the price tried to rise significantly during the day, but then the sellers took over and pushed the price back down toward the open. Traders typically wait to see what the next candle (period) does following a shooting star . If the price declines during the next period they may sell or short. If the price rises after a shooting star , the formation may have been a false signal or the candle is marking a potential resistance area around the price range of the candle. Script = Auro Pharma Time Frame = 1 Day Shortby Jainshashwat3
intradayboth side potential avoid first 15min breakout wait for 15 min candle closing targets are marked follow risk management do your own analysis do workout do meditation start reading bookby hunterhunt7771
intradayboth side potential avoid first 15min breakout wait for 15 min candle closing targets are marked follow risk management do your own analysis do workout do meditation start reading bookby hunterhunt7770
TRADE IDEAS AUROPHARMAHello friends here I am publishing a trade idea on Daily chart of Aurobindo Pharma first of all I must say that it is a simple trading idea only based on price action for the beginners like me and I only plotted 200 EMA on this chart for indicators, So as we can see after a consolidation in Parallel Channel it is breaking a strong resistance after breaking channel resistance too and poised to go up from here for the next resistance are identified as trade targets son the basis of these observations I am sharing mine ideas below IDEA ONE-: After break of resistance it can take a resistance of it's 200 Ema which is nearly about 506 levels and came down for a retest of resistance and will go up Target 1 and Target 2. IDEA TWO-: After completing the idea one and after done of Target one it came down and retest the Breakout resistance and will go for the Target 1 and target 2. IDEA THREE-: It can go straight to targets Target 1 and Target 2 (less probability). STOP LOSS-: Stop loss must be a day close below the Parallel channel Resistance which is about 479 levels. Trade Idea ignored if we will not get a day close above of 492 present Resistance. NOTE-: This is not and trade or investment advice. This idea is meant for learning only. Invest your capital at your own risk 𝐑𝐞𝐠𝐚𝐫𝐝𝐬-: 𝐀𝐦𝐢𝐭 𝐑𝐚𝐣𝐚𝐧 Longby AMIT-RAJANUpdated 101045
intradayboth side potential avoid first 15min breakout wait for 15 min candle closing targets are marked follow risk management do your own analysis do workout do meditation start reading bookby hunterhunt7771
Auropharma Bearish Extended Extreme Shark PatternAuropharma Bearish Extended Extreme Shark Pattern After consistent rise we may see correction near 525.30Shortby VIJAY_ARUN_SURYAWANSHIUpdated 2
There is resistance!Aurobindo Pharma is at a very strong resistance level, it also shows how a support level becomes a resistance level Keep an eyeby Dan_Benz_011
AUROPHARMA may break downward channelAURO Pharma is trading downward parallel channel since last two year. Also form bullish RSI divergence in weekly timeframe. So, it can buy whenever breaks downward channel for long term investment, or even more than 5-year investment can be done average in this channel and wait for breakout. This is as per my best knowledge, we are not advising anyone to buy or sell, consult your personal advisor for investment advice. No personal holding in this stock as on today.Longby P_hetalbenUpdated 0
VIEW ON AURO PHARMAGood chart structure Stock closed above its 22 August 22 highs Target 595/602 Stop loss 577Longby dakshb38390
Shooting Star A shooting star occurs after an advance and indicates the price could start falling. The formation is bearish because the price tried to rise significantly during the day, but then the sellers took over and pushed the price back down toward the open. Traders typically wait to see what the next candle (period) does following a shooting star . If the price declines during the next period they may sell or short. If the price rises after a shooting star , the formation may have been a false signal or the candle is marking a potential resistance area around the price range of the candle. Script = Auro Pharma Time Frame = 1 Day Shortby Jainshashwat1
intradayboth side potential avoid first 15min breakout wait for 15 min candle closing targets are marked follow risk management do your own analysis do workout do meditation start reading bookby hunterhunt7770
[N] False Breakdown Case for Support and ResistanceNote - 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. ======= 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. =======Educationby Amit_Ghosh3
Aurobindo Pharma Trade Plan: Target 550+ with Little RiskAurobindo Pharma has recently shown a strong growth recovery from its bottom, offering a potential trading opportunity with minimal risk. Our analysis reveals the activation of a harmonic Bat Pattern, which suggests a target of 552 with an entry range of 474-482 and a stop loss of 444. By leveraging this trade plan, traders can potentially profit from the current market conditions while effectively managing their risk exposure. As always, traders are advised to closely monitor price movements and adjust their strategy accordingly.by karuneshBajpai2Updated 7
[Intraday] AuroPharma Compression PatternNote - 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. ======= 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. =======by Amit_GhoshUpdated 3
Auro pharmabuy after retesting support area support = 480 buying range = 480 - 483 target = 525,550 stop loss = 460 Longby lekhrajsoni923311
Auro Pharma, Wedge BreakoutAuro Pharma looks attractive... Fundamentals : Strong, Fairly valued..Among Pharma Leaders, Consistent on Sales, Profits, EPS. High Reserves vs low debt.. Technicals : Broken Falling Wedge.. Weekly closing above 21 EMA, Good RR R1: 555 R2: 635 R3: 740 SL : 430Longby GyanTrader_AKS1
break out with good volume. go for longBuy above the high. SL below the low. The volume is good. Doing well in bearish market.Longby nmukesh282
AUROPHARMA resistance breakoutAUROPHARMA resistance breakout on daily frame, one can accumulate at this level SL@ 491 on daily timeframe closing basis TGT1: 506,TGT2 : 517 Note : It's your hard earned money always trade with SL, I'm just sharing my analysis Longby ramkumargg0
Aurobindo Pharma Aurobindo Pharma: Another bottom fishing 🎣 good quality stock. Fundamentally strong, market leader. Look at reserve of the company in last 10-11yrs grown nearly 10times, investment grown at same pace, other investments too. net debt company.. continues growth in top line. Currently available at 1.1 to book value, available at half to industry PE... CMP:500 add more once cross above 560 for the upper range target.Longby vijay2310840
Short-term view of Aurobindo PharmaAurobindo Pharma has made a significant low of around 400 and started going up and has made wave 1. It corrected wave 1 between 38.2% & 50% and went higher as wave 3 which was very powerful, strong, and fast. Wave 3 has also contained a minor wave i and after correcting minor wave i @ 50% and got past minor wave i. Now, we can expect wave 3 for 530 (as 100% of wave 1), next tgt 550, 563 & 583 level. You can buy it around 495 with Stop Loss below 466 Longby kaushikwbslg0
AUROPHARMA Bullish; above 478 on Friday 17 Mar for IntradayExercise caution as broader market is bearish. Please check out the INTRADAY Trading Strategy in the COMMENTS section below during the live market hours: --------------------------------------------------------------------------------------------------------------------- 1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within the first five to 15 minutes. "High Risk Traders" buys in hope of another 2% upmove intraday. "High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also 2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage"). Safe traders with minimum risk profile may Wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage 3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again. Both Safe Traders/High Risk Traders may book profits at this stage Stop Loss: You may keep the stop loss @ "Open" price of the day OR "Breakoutprice" The above information is not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendation.Longby JJ_BreakoutsUpdated 1
#auropharmaStock is retested it's supportive zone after BO, and again near to BO. Watch chart for support and resistance.Longby subbu_19151