Healthy correction and now coming to strong support 400long term consolidation and available at a strong support of 400.
AUROPHARMA trade ideas
AUROPHARMA BEARISHAuropharma closing 457.5 with stoploss 475 then targets are 398-385.
Selling Reason.
1 --> Price is continue stay below the #Resisance.
2 --> Price is also make the Range.
3 --> #RSi is near 50.
4 --> #ADX is show the #Bearish move ad -DMI is rise.
5 --> #Volume is also show the selling volume.
6 --> #Bollinger Bands are ready to #Squezee.
Pennant Pattern In technical analysis, a pennant is a type of continuation pattern formed when there is a large movement in a security, known as the flagpole, followed by a consolidation period with converging trend lines—the pennant—followed by a breakout movement in the same direction as the initial large movement, which represents the second half of the flagpole.
Script = Auropharma
Time Frame = 1 Day
Auropharma-Portfolio Stock Getting Ready for 1000-Are You Ready?Disclaimer - " This Idea is for Educational Purpose"
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Stock Has Done 6-7 Years of Sideways Correction from 2016 tops of 895 & Getting Ready for Big Impulsive Move Upside Next Holding on the parallel channel bottom & above 400 strictly.
Are You Ready as a Investor. Keep watching next waves for the stock.
In 2016 When I published 1st Idea on Auropharma - The Terminal Thrust & Identified the top as 895
You can check the idea on profile page -
in.tradingview.com
Kindly consult your financial advisor before taking any positions.
intraday
both side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
Shorting Auropharma
how price action work
shorting auropharma at 467
sl 482
trg 450
logic market never move in single it has to take pullback or called retracement
if you have any querry or your opion kidly ask
AUROPHARMA • There can be straight move from 470 to 538 as there is no hurdle / major resistance between.
• Good Risk-Reward (1:3)
• Entry :- Above 450.70
• Targets :- 470 , 538 , 552
• Stop Loss / SL :- 418 Support zone .
intradayboth side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
[Diary] Auropharma Price Action Overview I already have buy position.
Just noticed another pattern as I made good money intraday today in same pattern as shared here
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
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intraday
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
intraday / Bearish Divergenceboth side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
Swing trade Auro Pharma seems positive uptrend buy at current price level Sl any candle close below current candle
Auro pharma 450Buy auropharma cmp 404 for short term target of 450.
Expecting dividend to be announced with results.
#Auropharma cash : Looks good above 460.10#Auropharma cash -Positional call
08.02.2023
Looks good above 460.10
Stoploss 440
Target 490-500/540/600
Cmp 445.05
Hammer PatternHammer candlesticks typically occur after a price decline. They have a small real body and a long lower shadow.
The hammer candlestick occurs when sellers enter the market during a price decline. By the time of market close, buyers absorb selling pressure and push the market price near the opening price.
The close can be above or below the opening price, although the close should be near the open for the real body of the candlestick to remain small.
The lower shadow should be at least two times the height of the real body.
Hammer candlesticks indicate a potential price reversal to the upside. The price must start moving up following the hammer; this is called confirmation.
Script = Auro Pharma
Time Frame = 1 Day
intradayif it is breaking the zone you can initiate a long trade in intraday. put your stoploss on logical place and enter in good candle .
follow your risk management.
Aurobindo share Wave #harishraoytAurobindo share Elliot Wave Analysis
Aurobindo pharma complete 5 Wave upside and price break 2 or 4 trendline
Aurobindo Pharma: a probable long tradeAurobindo Pharma previously took support from support zone and 200 EMA (blue line).
FII increased their stake during the 2nd quarter as well.
Accumulate with a SL of 318 WCLBS.
Final target new ATH
AUROPHARMAa trend reversal pattern formation keep an eye . bw on daily time frame 452 is important level to watch. view negated below 452.
[Basket] AuroPharma Monthly Support Buy TradeNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
=======
I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
=======
I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
=======
Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
=======
