Aurobindo Pharma: Bullish Breakout with Strong UptrendAurobindo Pharma (CMP 1465) has displayed a bullish breakout, continuing its strong uptrend since February 2023. The ascending trend line is well-supported by good volume.
AUROPHARMA trade ideas
AUROPHARMA
NSE:AUROPHARMA
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Aurobindo pharma 23 July 2024If daily price close below channel trendline then it's tend to be bearish otherwise you can continue your upside ride until price touch upper fib sequence.
AUROPHARMA on the MoveAuropharma has started moving towards Wave 3 and 1st Target would be 1360 and this can go until 1470(Which you can try achieving using GTT, if you are fine to take a Risk). With upcoming budget, this would be a good bet.
AUROBINDO PHARMA S/R for 10/7/24Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline.
Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities.
Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement.
20 EMA: The yellow line denotes 20 EMA, to interpret the 20 EMA, you need to compare it with the prevailing stock price. If the stock price is below the 20 EMA, it signals a possible downtrend. But if the stock price is above the 20 EMA, it signals a possible uptrend.
Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.
AUROBINDO PHARMA S/R for 5/7/24Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline.
Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities.
Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement.
20 EMA: The yellow line denotes 20 EMA, to interpret the 20 EMA, you need to compare it with the prevailing stock price. If the stock price is below the 20 EMA, it signals a possible downtrend. But if the stock price is above the 20 EMA, it signals a possible uptrend.
Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.
AUROPHARMA/SWING TRADE # STRONG CANDLE CLOSE
#TRADING WITHIN A PATTERN
# SL 1200
ALWAYS TAKE RISK REWARDS INTO ACCOUNT. IT IS THE CORE STRENGTH OF TRADING.
NO MATTER WHAT END OF THE DAY WHAT YOU EARN - WHAT YOU LOSE =RETURNS
"Investing in the stock market involves balancing risk and reward. Higher potential returns typically come with higher risk, while safer investments may offer lower returns. It's essential to assess your risk tolerance and investment goals carefully. Diversifying your portfolio can help manage risk. Remember, informed decisions and a long-term perspective are key to navigating the complexities of the market."
AUROPHARMA - Analysis as COVID news in pictureAs 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.
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
Review and plan for 27th May 2024Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
book profit in Aurobindo Pharma or take short position?
After around 3 months, sell signal is showing on Aurobindo pharma. If not short, i think the stock holders should book profit, and if it goes up further for next couple of weeks, then definitely take a short position for gain of around 10%.
AuropharmaAuropharma NSE:AUROPHARMA Looking Good
Breakout done
short term pick
#auropharma
#Swingtrade
Aurobindo Pharma19/05/2024
Aurobindo Pharma on Monthly chart
CMP: 1202.4
Target:1450-1700
SL: 1100 or as per the ris k capacity
Information is only for study Purpose
Auro Pharm Long Position BreakoutAuro Pharm Long Position
T1 - 80%
T2 - 143%
Time frame - 2 to 6 months
AUROPHARMAThe EW analysis shows a corrective raise in tge script which has high potential to have wave c starting anytime soon, good risk reward ratio to keep tight stop loss is seen in the chart
AUROPHARMAAUROPHARMA is symmetrical triangle pattern breakout.
previous trend is good up trend.
I am entry in 1070
stop loss 6% (a stock that FLUCTUATES around 2 % per day)
AUROPHARMA WEEKLY CHARTAUROPHARMA WEEKLY CHART
This chart depicts the future course of the stock, as marked as 0-1--2-3-4-5
This is only an observation & not any suggestion.
simple flag patternAug-13 TO Sep-15 made constant rally, after that stock went in consolidation next 8 years.
we got opportunity year end of dec-2023 with 1D TF channle trend breckout
SL around 5% to 10%
Target Last rally base rally which is 680% return, its long term trade and its not recommendation, this is only study purpose.
Aurobindo pharma Auro pharma can give a possible up move might give a good INTRADAY or 2,3 days upside move
Entry - above 1160
Stoploss - 1140
Target - 1180, 1220, 1280++
Note - I'm not sebi registered this is my personal view
AURO Pharma Breakout the Strong Resistance AURO Pharma Breakout the Strong Resistance possible start upside moment in upcoming days possible target 1077-1098-1111-1155
Aurobindo Pharma Monthy Chart Analysis Aurobindo Pharma has given breakout on Monthly Chart we can consider this stock at current market price at 1150 with sl of 1080 for swing trade
SHORT AUROPHARMA for targets 750-760 (CMP: 1110)Short AUROPHARMA for a >30% downside on monthly charts. It has hit and tested multi-year trendline. now ripe for a correction.
NSE:AUROPHARMA
AUROBINDO PHARMAThis stock breakout ATH level TGT will be 1466,2114 and SL will be 962 and this is only for educational purpose only
Auropharma Long callAUROPHARMA broke major resistance level with good volume increase and hovering around support, best buy at 1080 levels with low risk and high return having RRR 1:5.
stoploss 990 and target price of 1450, for long term investment buy.
