#AUROPHARMA is at 60M major support of 700#AUROPHARMA is at 60M major support of 700 it may bounce back if respect this support and it can become a good chance for buyers here
AUROPHARMA trade ideas
AUROPHARMAauropharma has been in a negative momentum, and we can witness short covering in it, which can lead to buying
AUROPHARMA at weekly supportAUROPHARMA at support on weekly charts. One can go long from here with a stoploss around 725.
Scary.....
Bad results
- 2 support level broken
- Price falling with heavy volume
- stop-loss of 735
Auropharma.... Near strong bounce back zone.
Bullish Zone will act as strong resistance for short time...
Levels Marked...
Happy trading...
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Health sector in trouble and Aurobindo one of the victims?Health sector is not performing good recently and we cxan clearly see its effect on Aurobindo pharma which gave a clear breakdown from the trendlines.
Auropharma trading near 38.2% filo retracement level (767Rs)Auropharma trading at 38.2% filo retracement level which is at 767Rs in the Weekly chart.
It also has broken up trend channel in weekly chart.
Reversal may happen at this level. If reversal does not happen then add more at level of 675 which is fibo level of 50%.
AUROPHARMA CASH LEVELS BUY @740-750 FOR TARGET 800-835-460-900Auropharma Cash Levels Buy @750-760 For Target
800-835-460-900-920+
Big Players Can Buy Fut Or 750 Ce Option When We Reach To Our Levels
Short AURO PHARMAchannel breakdown with Triple top formation on weekly charts, POOR RESULTS also. Next supports are mentioned in charts
AUROBINDO PHARMA1st August 2021
Buy around 882-884
Target 1 - 952 ;
Target 2 - 1021
SL- 831
This study is for educational purpose only.
Auropharma buyBuy from 825 to 815
easy target 849
Disclaimer : This is my personal analysis for study purpose not intended for trading
auropharma in good demand zone !auropharma :
trade setup :
1. buy at 852 to 850
2. keep stoploss as 828 on closing basis
3. targets 898/921/949/979+
technical setup:
1. parallel channel
2. demand zone
3. fibonacii reversal zone of 78.6%
4. trendline support
BULLISH VIEW ON AUROPHARMAPositional bullish view on Auropharma
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AuropharmaAuropharma weekly bat will be active from 827
result is there in this week
Trendline support also coming to harmonics buy level
@ Danger Zone - breaking below 890 will drag down more@ Danger Zone - breaking below 890 will drag down more
au pharma 24 % in 3 monthsfor education only.
its working under parallel channel .now coming towards bottom of parallel channel.
It will give good risk reward ratio.
buy next week below 900.for 20 to25 per return.
Buy opportunity in AuropharmaStock in moving in a channel pattern and has taken support on the demand zone which coincides with the 200 moving support.
Entry as per the price action-candle formation on 6th else wait for the trend line break out.
