NSE:AUROPHARMA is trading at very best buy level of 457. We can enter at current price of 457 with stop loss of 429 (-28 Points).
My expected up side target will be 483, 501 & 514 (+57 Points)
Note: This is my personal analysis, only for learning. Thanks
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.
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 ...................
Has given a good Breakout in daily time frame along with good intensity of Volume,
Looks like impulse begins,
One can go Long at current level or in dips with mentioned key levels in chart
Key Levels
Rsi Uptick in daily
Rsi above 60 in hourly
Macd in daily positive crossover and Uptick
Macd in hourly positive crossover and Uptick and also above zero...
Auropharma saw a very good move today, a decisive move with huge volume.
Currently, the stock is trading at trendline resistance, seeing the recent price action, it looks like, the stock might see a breakout next week, or even if it saw some correction next week, it is good to buy as long as it is trading above 970 levels.
This is my personal view on the charts,...
All the key levels are mentioned in chart
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
Dear traders ,
Need to inform you all that I found that aurobindo pharma has just broke 4 yr resistance. Good investment for 2 to 3 yr horizon..invest but study before. Read the new case against Aurobindo if it's nommajor concern then one can m
Hello friends,
Defensive is the word you hear a lot in the market corrections.
Such one defensive stock is Aurobindo pharma.
It gave very good run up from march. Now it is consolidating.
Any brake above the black down trend line give the upside.
Let see how it plays.
Your humble trader
Kiran
