Aurobindo pharma 1:5 RR ratio target 690, Sl 616, Buy at 630 target 690, Sl 616, Buy above 630, to break the flag pattern
AUROPHARMA trade ideas
#Fib 0.786 correction from latest highthis can be wonderful if it bounce back at fib retracement level 0.786 from latest high, but last 3 days a clear down trend so time conflexion between weekly and daily charts fib 0 level 606 acts as support . fib levels follows as 606,624,636,645,654,667,684,700.
Auro Pharama ~ Big Short @ 620. Distribution Retest.This is gonna fail big. Expecting worst fall.
Target 1 - 250.
Target 2 - 100.
$AUROPHARMA - Wyckoff - currently retesting LPSY- overall bearish retest
- supply zone between 500-555.
- revisit the idea only if manages to close above 555
SPOT: AUROPHARMA WEAK BELOW 497 SL-521, MAY HEAD TO 482SPOT: AUROPHARMA WEAK BELOW 497 SL-521, MAY HEAD TO 482 AND MORE LOW LEVEL MAY COME
PARTY OVER STRONG RESISTANCEDISCLAIMER :
As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level.
Not every idea is a valid trade.
This analysis is a trading idea, not a trading signal for you.
My own trend direction estimation, entry point, stop loss and take profit levels are on the chart.
Good Lucks.
AUROPHARMA Short Selling PositionalTry to took the Far month
All levels are marked on the chart. All Charts are for educational purposes. Non-advisory, discretionary.
