Postional Trade Good Risk Reward.Pain is already Passed away health care Sector is already in Focus,Hope for best & Happy Trading.
AUROPHARMA trade ideas
AUROBINDO PHARMA - Price Action Analysis Considering last week candle, NSE:AUROPHARMA has already given confirmation of further sign of selling .
Price has created harmonic Shark pattern with PRZ level 0.886 and 1.13 with price 651.70 and 548.75 respectively.
As we have witnessed of bounce from 0.886 level but not sustained above 200 MA.
Two things are possible here :
1. It again takes confirmation support nearest to 0.886 level and shows bullish reversal candle
with high volume.
2. Or can see further sell off up to 1.13% level at price 548.75.
BUY: if price sustains above both PRZ level can gives further upside opportunity.
SELL : below 650 price, you can sell if its break or you can do every rise sell with strict SL.
AuropharmaStock is at Multiple support level
This is area of confluence, where different traders will look for the long entry
I am going for the long side, once the price reaches around 710 to 715
AUROBINDO PHARMA - AUROPHARMA(NSE) | RISING WEDGEAurobindo Pharma - AUROPHARMA(NSE) has been forming a Rising Wedge pattern since the mid of November. A long red candle breaking the wedge support line(red line) could be a good shorting selling opportunity, keeping the target as 675. The dashed green line, 714 had acted as a strong resistance, and the price had fallen till a support range of 675(dashed red line), twice in the past, as indicated by the curved, yellow, downward arrows. In addition to that, the dashed blue line denoting a price range of 706 had acted as a good support, thrice in the past. Hence, a bounce back from there can be considered as a good buying opportunity too. In this case, the price can swing till the upper boundary(green line) of the Rising Wedge.
AUROPHARMA LONG SETUUPPlease find the SETUP on the chart.......................................................
AUROPHARM#AUROPHARM
Looks now the stock is now on the positive track.
watch out of strong resistance @ 737.
for now in watchlist.
AuropharmaAuropharma made an inverse head & shoulder on daily charts.
Could b bought with sloss 665 & tgt 818
Auro Pharma Buy Buy Auro bharma at current level 680. If its not break down current level this have chance to move up. If its break target 1 - 760, second target will give better return 920.
Aurobindo at 50 SMAAurobindo break 50 SMA, create higher high after down channel. If sustain above 50 SMA expecting up move.
auropharma - watching stockOnce it breaks the zone and closes above the zone in daily frame. Expecting for long side.
Auropharma triangle patternAs if brks trangle to lower side then sell below 649 sl 656
If brks triangle above then buy above 673 sl 656
If it stays in triangle then buy at 655 sl 649
Or sell at triangle top of 670 then sl will be 673.5
AUROPHARMA Bounced off Demand zone. Go Long accordinglyHello Guys the Market have been Quite a good ride in the previous week and it was fun.
Last target of 10% in MAXHEALTH was hit in one day.
Now Auropharma was in a downtrend/correction phase for some time and now has reached a strong Demand Zone(Daily, Weekly, Monthly) and took a good >10% bounced of it and is making HH & HL in smaller timeframes. Now consolidating in a channel which is a bullish channel and I expect big upmove after the break of channel.
RSI has room for Bulls.
MACD is retreating from bearish side and now going towards bullish.
Demand zone bounce has already been confirmed.
BUY ABOVE - 687
Targets mentioned in the chart.
Manage your positions, Risk reward is good.
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Buy Auropharma with Target 818 SL 695Buy Auropharma with Target 818 SL 695 , retesting breakout zone
C&H Pattern+Descending chan AuropharmaVery very simple logic chart is self-explanatory.
Aurophama forming Cup and holder pattern at the upper edge of descending channel.
If it breaks 700 level and sustains above same we can see 50 to 60 points easy run.
Happy Trading...
AUROBINO PHARMA LONG TERM SWING TRADE!Hi everyone, Aurobindo pharma long term swing trade consider buying between 686-660 target 870 stoploss 645.
LOGIC BEHIND TRADE : Stock is trading on it`s weekly support & support identified from harmonic half bat pattern level 5.0 good oppourtinity to buy on support & stoploss only 15 points reward 3.23 & target identified from harmonic xabcd pattern level 0.786. NSE:AUROPHARMA
AUROPHARMA: Possible downfall after consolidationAUROPHARMA may test lower levels of 650-660 after breaching 700 a strong support zone..
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
