Auro Pharme will retest 685Auro pharma has tested 685 and price was rejected. Slowly it is again going to test 685 and in case managed to break through then the next target is 705. On the lower side 645 is the short term base.
AUROPHARMA trade ideas
AUROPHARMA BULLISHcontinuing its prior trend. Analysis mentioned on the charts ! Buy for a target of 650/680 with a sop loss of 605.
Aurobindo MovementAurobindo is consolidating at current price, short term trend is negative and incase break below 600 price then one can expect more selling pressure upto to 540. Fresh buying will start once Auro break 650 level, long term prospective is bullish, for cash buyer my personal suggestion buy on dips.
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
#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.
