Stock is has formed a bullish flag pattern on 4H chart being the support region near 455 zone & resistance area at 474 zone. Any sustained move above the level of 475 will lead the stock towards 500/520/560 in a very sharp upside rally.
Trading strategy:
Buy on cmp 473-74 with SL of 455 and look for the immediate target of 500 and later 520/560. The measured...
NSE:AUROPHARMA has quite a few interesting setup traits:
In the volume profile one can see the two PoC (Point of Control) - one during downtrend - another during uptrend - placed at 444 and 474 level.
The PoC at 474 is really interesting. Means the interest is at the sustained levels of price.
Absolute high volume
Uptick in Momentum (RSI).
Price...
Auropharma 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.
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 =...
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...
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
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
• 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 .
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
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...
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
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
![AUROPHARMA: [Diary] Auropharma Price Action Overview](https://s3.tradingview.com/3/371BW9R4_mid.png "[Diary] Auropharma Price Action Overview")
