Aurobindo share Elliot Wave Analysis Aurobindo pharma complete 5 Wave upside and price break 2 or 4 trendline
can trade with proper setups. NSE:AUROPHARMA
Note - 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...
Aurobindo Pharma has reached to Potential Reversal zone hence it may go till 560 in next two weeks time. Targets : 480, 520, 560 SL 390
Aurobindo Pharma previously took support from support zone and 200 EMA (blue line). FII increased their stake during the 2nd quarter as well. Accumulate with a SL of 318 WCLBS. Final target new ATH
a trend reversal pattern formation keep an eye . bw on daily time frame 452 is important level to watch. view negated below 452.
• With Green buying volume and Higher low can step towards next resistance. • PRZ is at 468.45 - with good risk reward • Entry:- 447.85 break. • Upside Resistances can become our targets. Targets :- 468.45 Stop Loss / SL :- 443.50 Support zone .
Auropharma Falling wedge breakout Formation can look for tp of 696-699 for short term with sl of 483 on dc basis
Price is consolidating in a descending triangle. Buy above 465 with the stop loss of 461 for the targets 469, 474 and 478. A trader who has stable mind can face any type of market. Sell below 459 with the stop loss of 463 for the targets 455, 451 and 446.
Short Video - How we maintained our bearish outlook in this stock since 5th Aug 2020. I am excited to see 57% drop from the highs of 1063 to 457 (recent low). Hope you enjoy the video & let me know your comments. Have a great day ahead.
NSE:AUROPHARMA Strong Breakout Candle formed with Volume. Multiple Breakouts from a) Falling Trendline Pattern of many months & b) Symmetrical Triangle Pattern CMP moving above 20 & 50 Day EMA and RSI moving in Bullish Zone Target : 554 - 600 SL : 510 R: R - 1 : 2 Time Frame : 1 to 4 weeks
Buy around 440 levels for the target of 500 purely trading as of now considering recent events in the company
08 Nov 22 Aurbindo Pharma breakout of triangle..........move expected. reverseal range seems to be 580-590.
Falling wedge pattern in weekly chart. Also double bottom formed. Enter only if price closes above 570. If upcoming quarterly result is positive then we may expect a good rally. So keep in watchlist.
#AuroPharma update Double bottom coming into picture. Neckline at 596 level. Updated on chart.
Currently the prices in AUROPHARMA has given a breakout and also taking support at 533 rupee . Also it's above 200 EMA Happy Trading Friends.
Breakout in AUROPHARMA in Daily Timeframe Entry: 550 Target 1: 600 Target 2: 670 DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
#Auropharma cash -Positional call 01.11.2022 Looks good above 556.10 Stoploss 542 Target 568-570/580 Cmp 550