AUROPHARMA trade ideas
Breakout in Aurobindo Pharma...This is follow-up on Aurobindo Pharma. Can check link to related ideas.
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only.
AURO PHARMA - At SupportIf Mkt goes positive from here, this can be the strongest candidate in Pharma
LONG INTRADAYLong above if SUSTAINS above 924 for TGTS of 930-35-40-45-50 .. SL 917 just a view better seek professional advice..
Auro pharma long positionThe chart is self explanatory with proper levels and trendlines pointing towards the long position for the scrip.
AURBINDO PHARMA - SWINGAurbindo Pharma broke 4 year resistance in Aug'20 however retraced. This time too it has broken same resistance and forming inverted HnS. Can be considered for long if breaks TL successfully
2nd scenario - Stock can come back to 905 levels of support and then again bounce back. Keep an eye in coming days
Flag Pole structure in Auro PharmaPost is for educational purpose only. Please consult your financial advisor before taking any trading decision. Always use a stop loss to minimize your risks.
AUROPHARMA - Fibo with Multi time frame analysis
BUY NEAR 922
The Indicator Used:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts.
2) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
AUROPHARMA Flag and Pole pattern NSE:AUROPHARMA Levels already mentioned..
Appreciate our work by like, share and following..
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... After market opens, the condition might change so learn to handle for different conditions..
4. To learn more about patterns, Psychology behind the trade and price action trading... contact us.. Thanks.
BREAKOUT EXPECTATION, SWING TRADE, AUROPHARMAAfter giving some awesome return from march, the stock was on correction. Now after bottoming out stock is ready for breakout and moving up. All the pharma stocks are consolidating for long time. Probably they will start moving next week. There is a cup like structure also.
SL can be placed according to personal risk apatite.
NB: This is not a stock recommendation, just sharing my views only.
auropharma 4 hourly near trendlline supportwill take sup and move up?? or can expect 925 little more down, lets wait for tmrw, but see how beautifully it reversed from 996 , with TT
AUROPHARMA INTRADAY & SWING OPPORTUNITYSELL BELOW THE LEVEL TO THE SUPPORT FOR INTRADAY
AND BUY FROM SUPPORT IF REJECTION COMES FROM THE SUPPORT ZONE . ( FORMATION OF BULLISH FLAG)
