#Auropharma cash : Looks good above 715.10#Auropharma cash -Positional call
10 Nov 2021
Looks good above 715.10
Stoploss 695
Target 748/774/800
Cmp 699.85
AUROPHARMA trade ideas
Auropharma - Channel Breakout viewAuropharma :
Channel Breakout possibility
Need to sustain 700-710
Support at 680
Auropharma Inverted Cup and HandleAuropharma has taken support at 677 on the weekly & daily chart. It also had formed a inverted cup and handle formation.
This indicates near term downtrend if it breaks the support at 677.
AUROPHARMA positional View !!AUROPHARMA : cmp : 697.6
After some significant correction from ATH,
its consolidating almost 90 days.
And it has been formed a good base near 670-700 level.
So downside limited.
Now trying to breakout towards upside.
Close above previous high. RSI & MFI trending up.
if it surpass and sustains above the 710 level, a
buying movement could be possible in the near term.
Accumulation zone : 667-700
Profit booking zone may be 798/848/898
SL 677 Dclbs /According to ur risk apetite.
Positionally can move 1100+
Sl 640 Dclbs
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
buy after breakoutbreakout after we can see 1st target 750, 2nd Target 800+ coming in this keep on radar
for educational purpose only
Can Auro pharma This time Break Past Six weeks Aurobindo pharma has been fighting to break this trendline of 897.This time if it breaks this, next level can be above 900.
aurobindo pharma Bullish crab -daily aurobindo pharma Bullish crab TF-daily
refer chart
educational purpose only
not a recommendation
Descending Triangle Pattern formation in AuropharmaDetailed analysis given on the chart
NSE:AUROPHARMA
'AUROPHARMA' INTRADAY OPPORTUNITY Buy/Sell only on given levels. The above chart is only for educational purpose. Make sure you don't trade blindly, reanalyze and trade.
Aurobindo Pharma: Dragonfly doji and Gravestone doji around 712
This is a follow up. In our earlier post we had suggested the need of holding 738-712 odd levels.
Now on weekly charts we see dragonfly doji and then later gravestone doji both forming around 712 odd levels
The set up has a target of 758 / 805 / 820 odd levels
Keep a SL at 708
__________________________________________________________________________________________________________
F&O Strategy that may be considered
Synthetic Long Position
Buy Aurobindo 700 Call option cmp around 45
Sell Aurobindo 800 Call Option cmp around 7
Breakeven at 738
Take care & safe trading
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Take care & safe trading
AUROPHARMA AUROPHARMA is a good bet for short term delivery. All stocks from pharma sector are showing good moves these days.
SWING AUROPHARMAClearly visible from the charts that it is taking support from the price range of 710-715 which is quiet strong support + 1hr BULLISH divergence of RSI shows that it is getting strength ....can go for swing position of it with the stop loss below 710 !!!
Trangle breakout after we can seeTrangle breakout after we can see 1st target 750, 2nd Target 800+ coming in this keep on radar
for educational purpose only
Weak Technicals combined with High Pledge by Promoters5 month making lower lows and still looks weak. attempting to find a base now. Can go as low as 630 levels before attempting to retrace its journey upward. Fundamentally, high percentage of promoter pledge is a concern.
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Auropharma 1dayAuropharma has taken a good spot of support.
may change from downtrend to uptrend
can give breakout in upcoming days
NOTE- this is tutorial basis not providing any tip/suggestion.
Auropharma trade for September expiryAuropharma option strategy trade
Short 740 CE 2 lot
Buy 760 CE 1 lot
Buy 720 CE 1 lot
SL for trade when Price goes above buying strike.
Auropharma BUY Auropharma ready to fire soon,
Based on technical analysis and trendline breakout, and demand supply zone. Target line plotted...
