Get started
AUROBINDO PHARMA LTD.AUROBINDO PHARMA LTD.AUROBINDO PHARMA LTD.

AUROBINDO PHARMA LTD.

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options

AUROPHARMA trade ideas

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.
NSE:AUROPHARMALong
by tradewidmufeeth
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
NSE:AUROPHARMA
by Somanathrout
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
NSE:AUROPHARMA
by Somanathrout