PrashantTaralkar

AUROPHARMA - Analysis as COVID news in picture

Long
PrashantTaralkar Updated   
NSE:AUROPHARMA   AUROBINDO PHARMA
As we have seen some Profit booking/selling across the board last week, possible reason could be
- FII getting ready for Holiday
- Covid news

Swing trade above 1106
Investor Buy zone Buy Zone 1072 to 976

Stop loss - Swing trade 1070, Investor 880 on day closing below this levels for minimum two days.

Swing Targets :- Can use same targets as Investment also keep booking or trailing Stop Loss
Investment Targets :- 1173 , 1242 to 1278 (Book some or full profit if comes to this level),1387

* Keep trailing stop Loss or partial book profits as Pharmaceutical stock can show big movement owing to to global news.

*Comment or message me if you wish to see my analysis for any stocks.

Please do your due diligence before trading or investment.

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Comment:
Keep an eye on this stock.
Comment:
Level update if sustain above 1105 then 1116 if sustain above this we expect around same targets as mentioned above.

Stoploss of 1070.

Please do your due diligence before trading or investment.
Comment:
Again ~6% today
Comment:
Today low of 1083 maintain Stoploss of 1070 or 1040 please
Comment:
Perfect high of 1177 first target achieved ..
Enjoy all..!!
Comment:
Again showing reversal from our Buying zone of 976.
Comment:
If holding book the profit or hold with revised stoploss as per your risk appetite
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