Pharma Rally | AUROPHARMAPharma stocks have been corrected from their highs.
Auropharma has given a breakout from the trend line with high volume.
Macd is also giving a signal for reversal.
Buy @ 821-825
Target I - 887
Target II - 961
AUROPHARMA trade ideas
AUROPHARMA | Convincing wedge breakout with volume and retestedAUROPHARMA | Convincing wedge breakout with volume and retested
CMP : 818
SL : 805
Target : 885, 950
Auropharma Descending TriangleDISCLAIMER:There is no guarantee of profits or no exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while investing/Trading decisions.
Past performance is not an indicator of future returns. Investment is subject to market risks.
Seek help of your financial advisors before investing/trading.
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Auropharma Descending Triangle.
Currently in Wave D of triangle.
Short all bounces towards 800-810 Stop loss 822 target775
If breaks below 773 on 15 min chart after wave E then 730,700
Strong close above 850 is the key for longPrice after breaking the pattern reached the resistance levels in a days trades. As discussed before always buy at support to avoid the pressure after taking the breakout trade. :) !!
850 should be the resistance level for this breakout and if breaks this levels it should reach 880 and more in the coming sessions.
AUROBINDO - FOR LONGAUROBINDO PHARMA: Reversed from PRZ /From Major Support around 770. It has also given a DOJI in last session. Go long above 810- INTRADAY/POSITIONAL
SIMPLE - NO NONSENSE!
big move likely in auropharma | buy @ cmp TGT 860 SL 770auropharma has completed abc correction pattern @ 770 and resumed the trend one can go long @ current level for target of 860 and keep SL @ 770
Auropharma Trading - Educational purpose 09-Sep-20Purely for educational purpose. use your own method.
Little bounce to be expected in aurobindo pharmaAurobindo pharma traded near its support zone.
Some bounce to be expected up to 845-850 if it hold 765 on closing.
Aurobindo Pharma High Probability SetupNSE:AUROPHARMA
Clean momentum in Weekly - Breakout and Retest function
On the Daily, clean Uptrend - taking support at previous Breaout high
On 75m - Inverse Head and Shoulders Pattern. A swing long entry can be taken only on confirmation (breakout of the neckline).
Auropharma forming a head & shoulders pattern.Since nifty has gained all the momentum for now, Pharma as a whole sector is consolidating. Auropharma has made a Head & Shoulders pattern. If it breaks below 850 with volumes, consider for selling. keep target of 770.
AURO PHARMA MAY DROP TO 555 LEVELS SOONERAURO PHARMA MAY DROP TO 555 LEVELS SOONER
EL:840-950
SL:999
