Divya369

Auropharma Tech. Analysis

Short
NSE:AUROPHARMA   AUROBINDO PHARMA
HELLO FRIENDS HOPE YOU AND YOUR FAMILY WILL BE SAFE AND HAPPY.

TODAY I AM GOING TO SHARE MY VIEW TILL NEXT WEEK..

IN WEEKLY CHARTS A SHOOTING STAR WAS FORMED IN AUROPHARMA AFTER THAT IT MADE LOW OF 763 FROM THE CLOSING OF 22ND JUNE WHICH WAS 780.

SO AS PER MY CALCULATION IF ON 3 JULY AUROPHARMA CLOSES BELOW 775 TO 772 WE MAY SEE THE LEVELS OF 695 TO 610 IN COMING TRADING SESSIONS..

NOT ONLY THIS BUT IF WE SEE THE MACD
THE DISTANCE BETWEEN SIGNAL LINE AND MACD LINE IS DECREASING ABOVE THE 0 LINE..

SO IF WE COMBINE THE PSYCHOLOGY OF SHOOTING STAR AND MACD THE 70% PROBABLITY WE GET IS TO BOOK THE PROFITS OR TO SHORT BUT IF WE GET THE CLOSING BELOW 775 TO 772..

RESISTANCE 785, 820
SUPPORT 695, 610.

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THANK YOU
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** I AM NOT SEBI REGESTRED ANALYSIST I JUST SHARE MY PERSONAL VIEW OF THE MARKET I MAY GO AGAINST THE MARKET. **

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