AUROPHARMA trade ideas
AUROPHARMATake trade based on your analysis
Buy/Short just above/below the marked line.
Typically for intraday start trailing your stop loss from 0.5% towards target
Stoploss is based on your capacity
I usually hedge towards the stoploss direction
if price opens between the target and entry line, I usually dont trade that scrip.
~
Auropharma- Harmonic Bearish Butterfly Pattern - ShortAuropharma has formed Harmonic Bearish Butterfly Pattern .
Once the Script reaches 760.10..
Go for Short..
Target 1 - 630
Target 2 - 550
Target 3 - 500
SL - 840
Disclaimer: Kindly do your own analysis before executing the trade
Aurobindo Pharma Limited - Beyond 52 Week HighAUROPHARMA
Aurobindo Pharma Limited had breached prior 52 Week High 734.80 successfully. Increased volume backing the momentum.
Technical Indicators are Bullish.
Time-trend Indicator is Bullish.
Currently, the stock is moving in a rising channel. Once it breaks out of the channel with Volume, a further upmove is expected.
Swing Low of 698 is the nearest Support.
KEEP AN EYE!! #B+
#tradingedge_academy #SMTA_institute
AuroPharmaNSE:AUROPHARMA seems to be popping out of it’s shell and is headed for a decent up move. Should see a decent surge above 550. Can go long for 575-580 levels.
Anchored VWAP chart study for Auropharma[22nd May, 2020 EOD Analysis}
Self explanatory & Annotated Chart
Additional Pointers:
- DO NOT Short as long as it is above 714/ Orange Anchored VWAP
- Bullish on Higher Time Frames too & better not to fight the trend. Shorts would only be for a minor pullback
- If you notice there is also an Ascending Triangle breakout. Once we get above the Rising TL it will be confirmed
- No signs of any Rising Wedge for a Trend reversal
my morning call of auro pharma strides aheadplease see my call of morning.
follow me to get such stock ideas
like my post if it is helping you.
BUZZING DAY FOR AUR0 PHARMAAFTER CONSOLIDATION IT SEEMS TO BE BREAKING OUT
PLEASE SEE ATTACHED CHART
Auropharma -- Keep watching the trendline rangesAuropharma is presenting a good swing trade opportunity. Watch the month long range for breakout or breakdown.
