AUROPHARMA: Possible downfall after consolidationAUROPHARMA may test lower levels of 650-660 after breaching 700 a strong support zone..
AUROPHARMA trade ideas
AuroPharma 4HChart clearly shows a potential breakout.
Expectations says a positive breakout as Nifty Pharma is also standing at potential breakout level
AuropharmaAuropharma made butterfly pattern on hourly charts.
Buy Auropharma with sloss of 716 & tgt of 742
My view on AuropharmaAoropharma giving trendline breakdown also inverse CUP&HANDLE pattern breakout
TGT 708-700-690++
Very short term.Keeping on RADAR 700 PE oct. exp.
AUROPHARMA 4HRVERTICAL DOTTED LINE is Ultra high volume down bar
Higher volume-Professionals are buying into the public selling
Bullish Deep Crab
Waiting for Break of Trend line with RSI ABOVE 30
BUY
aurobindo pharma auro pharmaaurobindo pharma
1. a pattern is forming which looks like a flag and pole
2. bullish pattern
thanks
AUR0BINDO PHARMA- ENTERED SHORTEDAUR0BINDO PHARMA- ENTERED SHORTED in Futures at the retest of break out level
aurobindo pharma aurobindo pharma
1. rising wedge pattern (green treand line )
2.wait for breakdown
3. not go for bigger targets
4. use you veiw ad mindset
thanks ...................
Auropharma (aurobindo pharma )1. rising wedge pattern formation
2. and inverted flag pattern
3. a clear short opportunity
Buy Aurobindo PharmaLong Auropharma at its major support with Good RR Ratio as well 50% fibo level and almost 230 measurement level.
Aurobindo Pharma Medium Term Reversal TradeThe stock has reached lower trend line and looks to take support and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby & 200 EMA .
Risk Reward Ratio - 1:1
SL is placed below multiple major support zones and target is place near swing and channel high.
Earnings will be disclosed during the trade duration. If not good or the trendline and 200 ema are broken after results, it may be a better option to exit.
Note: As the market is under selling pressure, enter only after confirming a reversal.
TRRIPLE HOURLY CHART RSI DIVERGENCEAUROPHARMA
Bullish Above 700 for 1 Hour Close
Target 750, 780
SL: 660
Risk is yours and Reward is too yours totally.
RSI Rising as Price Falling, 3 times in row in Hourly chart..
Reversal chance
auropharma weekly chart analysisfrom the chart it is clear that stock is reacting to the drawn lines, it is indicating that stock is in clear downtrend and trusted buying could be done only at the purple line which is lying around 645-650.
right now price is at 30 month high + 30 month low /2 and also 60 month high + 60 month low /2 , both of them are lying at 676.38 eventually, making the price at here a strong support.
fresh investment can be done here with 30 percent capital with a stoploss of 7 points here which should be 669 weekly close , target 710 and 764 using trailing stoploss and strict discipline, but if price can be available at the purple line , then it might prove a sound investment.
however it should be remembered that in the past it have always touched the purple line after breaking the green line. In that scenario a short can be initiated for target 650 and stoploss should be 696
happy trading
AUROPHARMA Daily Bullish Alt Bat
VERTICAL DOTTED LINES is Ultra high volume down bar Higher volume-Professionals are buying into the public selling
Withiin 3-5 price bars PATTERN need to be get confirmed from a BULLISH CANDLE
SET UP BECOMES VALID ONLY when RSI is over 30 & Price on breaking of ULTRA HIGH VOLUME Candle HIGH with NO SUPPLY i.e place for BUY
can we see 1000 in auro ? Buy auropharma for target of 850.
Closing above 850 will take it above 1100
auropharma buy idea from weekly chartwe can see multiple times this area has created long long wicks in weekly candle. As the week is just starting and last week it has given close above 1/3 gann angle at a higher timeframe, and also the is in oversold area, shorting now safe till 725.5 where it is lying the yearly pivot. I do not think this can reverse trend before touching yearly pivot. However a buying chance possible at the yearly pivot and come out if given close below 725.5 in a four hour chart. And for this buy call 1st target will be 767, second target will be 799 and 3rd target will be 820.
However we have to exit anyway if a close below 725.5 comes in a weekly chart.
wishing you all a happy trading.
like follow and share
auropharma looking attractiveas we can see script is now available at the lower leg of the trending channel , so a long position can be initiated , for daily traders stoploss should be 848 and for long time traders stoploss should be 834. its 50 week ema is at 890-895 so target should be 890 for day traders and for weekly traders a trailing stoploss can be used as per comfort.
