AUROBINDO pharma buy for intraday trading if stock and pharma sector also bullish........
Auropharma may test the 670 downward trend line. Buy 615-605 SL 590 TP1 640 TP2 670
After the deep down and hitting it's Low at 595 point and taking support from there can help in Reversal of Stock. Disclaimer: I am not SEBI registered analyst My studies are Educational purpose only don't trade on the basis of them. Consult with your Financial advisor before trading or investing. NSE:AUROPHARMA
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....
Bullish SHARK Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT POTENTIAL BUY
Pain is already Passed away health care Sector is already in Focus,Hope for best & Happy Trading.
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...
Stock 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) 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...
Please find the SETUP on the chart.......................................................
#AUROPHARM Looks now the stock is now on the positive track. watch out of strong resistance @ 737. for now in watchlist.
Auropharma made an inverse head & shoulder on daily charts. Could b bought with sloss 665 & tgt 818
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.
Please find the SET on the chart.......................
Aurobindo break 50 SMA, create higher high after down channel. If sustain above 50 SMA expecting up move.
Once it breaks the zone and closes above the zone in daily frame. Expecting for long side.
As 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