AUROPHARMA trade ideas
Aurobindo PharrmaThe stock has been in an uptrend and has taken an important support at its trendline in daily chart. It has been confirmed by forming bullish candlestick pattern called hammer at trendline support. One can go long by placing a stoploss of 889 and target can be 990. ( This is posted for education purpose only, Personal due diligence advised)
AUROPHARMA Daily Bearish Crab + RSI RIVERGENCE.....Vertical dotted line is Ultra high volume up bar- trap of Smart Money , Higher volume- Professionals are selling into the public buying..HIGH VOLUME for going SHORT we need LOW VOLUMES in the area of ULTRA HIGH VOLUME Bars, IF Price breaks ULTRA HIGH VOLUME Candle LOW with LOW VOLUMES & with NO DEMAND l.e place for short
price need to follow Green Trend line & hit target
If price Breaks Red Trend line is where EXIT before SL hits
POTENTIAL SELL
#AuroPharma look good for upside above 1060 with SL of 880#AuroPharma look good for upside above 1060 with SL of 880
Bullish Flag with Huge VolumeVolume is Very Good at this Point and Making a Nicee Bullish Flag, Above 1011, 1028-35-1050 can be Expected keepin SL below 928
AUROPHARMAASCENDING CHANNEL
5th wave seems to be getting over
a contra-trade with small Risk can work wonders
Multiyear resistance breakout in aurobindo pharmaDear traders ,
Need to inform you all that I found that aurobindo pharma has just broke 4 yr resistance. Good investment for 2 to 3 yr horizon..invest but study before. Read the new case against Aurobindo if it's nommajor concern then one can m
AUROPHARMA Daily Bearish Shark@1.13XA as PRZ + BEARISH Bat STRONG Zone
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL SELL
AUROPHARMA 4HRConfluence of Daily Bearish BAT & 4HR Bearish BAT STRONG POTENTIAL REVERSAL ZONES
Vertical Dotted line is Ultra high volume up bar trap of Smart Money , Higher volume- Professionals are selling into the public buying
SET UP BECOMES VALID ONLY when RSI is below 70 and IF Price breaks ULTRA HIGH VOLUME Candle LOW & GREEN TREND LINE with LOW VOLUMES & with NO DEMAND l.e place for short
POTENTIAL SELL
AUROPHARMA Daily BEARISH BAT
Within 3-5 price bars need the confirmation from a BEARISH CANDLE with RSI Below 70
POTENTIAL SELL
Auropharma - LongDescending Broadening Wedge Breakout and retested in monthly TF - Four Digit Target expected ...
