Auropharma broke its negative trend and currently is at horizontal resistance. Lets see what it has planned and take a trade accordingly.
self explanatory box breakout may come in this script or it may stay in the box. it is not a trading advice.
stuck in time zone since ages . who says charts don't speak. Thanks to @charts_zone to great teaching.
As per my theory and experience Auropharma forms bullish reversal classic pattern Educational Levels marked for positional trade
NSE:AUROPHARMA2! The stock has broken down and retested, therefore may undergo a correction in the short term. Trade is supported by Resistances Nearby. Risk Reward Ratio - 2:1 SL is placed above the resistance zone & the lower trendline.
Auropharma made butterfly pattern on daily & hourly charts with more than average volumes. Could be bought with mentioned stoploss & targets.
Aurobindo Pharma CMP 700 is a long term investment idea. Mutual Funds and FIIs are increasing the hold in this counter in the last quarter. Another positive about the counter is that promoters are decreasing their pledge in this low debt company. After making an all-time high of 1064 last year the stock corrected and seems to have made a bottom near 590 levels....
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...
AUROPHARMA seems breaking H&S and falling wedge RSI showing strong Farma seems strong with SUN PHARMA AND LUPIN
Hello 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...
Buy Auropharma with Target 818 SL 695 , retesting breakout zone
Very 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...
chart forming harmonic pattern entry can be taken as risk reward is favorable .
AUROPHARMA may test lower levels of 650-660 after breaching 700 a strong support zone..
Auropharma made butterfly pattern on hourly charts. Buy Auropharma with sloss of 716 & tgt of 742
aurobindo pharma 1. a pattern is forming which looks like a flag and pole 2. bullish pattern thanks
aurobindo pharma 1. rising wedge pattern (green treand line ) 2.wait for breakdown 3. not go for bigger targets 4. use you veiw ad mindset thanks ...................
1. rising wedge pattern formation 2. and inverted flag pattern 3. a clear short opportunity