Stock Name - Aurobindo Pharma Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 765
#This is not Buy and Sell recommendation to any one. This is for...
A bearish harami is a two bar Japanese candlestick pattern that suggests prices may soon reverse to the downside. The pattern consists of a long white candle followed by a small black candle. The opening and closing prices of the second candle must be contained within the body of the first candle. An uptrend precedes the formation of a bearish harami.
Script...
view: bullish
view change: below 691
OI range : 720 to 750 (below 720 oi range change to 700 to 730)
go long on support and resistance b/o in 15m TIME FRAME
Stock Name - Aurobindo Pharma Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 702
#This is not Buy and Sell recommendation to any one. This is for...
The stock has come back for a retest on a weekly support and has move up a little after taking support as observed on a hourly candle.
Take entry with sensible Position sizing. Risk reward is 1:5
Note: This idea is for education purpose only.
Analysis Criteria Used:
1. Please find the Chart Analysis done for the Intraday Trade Idea levels for 1st June, 2023
2. The analysis for the Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups
Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your...
Usually this wave structure forms in an impulsive sequence as wave 4 . It consists of 5 sub waves as wave-a , wave-b , wave-c, wave-d and a final setback wave-e . Each of these waves consists of three wave internal structure. Each of the waves should not break their extreme points. The final confirmation to enter the position comes when the price gets close above...
It looking Auro finally getting on reversal trend. Breakout of falling long term trendline after 2 years, spike in volume & also crossed 200 DMA.
R1 -570 - Major hurdle which is also multi year support, once it break can see good up move.
Short term target 570, T2 605 with SL465. Long Term 750 min once it sustain above 565. So please keep adding at every level...
A shooting star occurs after an advance and indicates the price could start falling.
The formation is bearish because the price tried to rise significantly during the day, but then the sellers took over and pushed the price back down toward the open.
Traders typically wait to see what the next candle (period) does following a shooting star ....
both side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
follow risk management
do your own analysis
do workout
do meditation
start reading book
both side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
follow risk management
do your own analysis
do workout
do meditation
start reading book
Hello friends here I am publishing a trade idea on Daily chart of Aurobindo Pharma first of all I must say that it is a simple trading idea only based on price action for the beginners like me and I only plotted 200 EMA on this chart for indicators, So as we can see after a consolidation in Parallel Channel it is breaking a strong resistance after breaking channel...
both side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
follow risk management
do your own analysis
do workout
do meditation
start reading book
