Auropharma arresting the fall It can be observed that Auropharma is in stage 4(markdown phase). However looking the the Price action it seems that Beers are exhuasted and Price shows lack of Downside momentum (RSI shows Bullish Divergence). We can also Observe the Undecisive Impulsive wave in the downside supporting the above statement. Hoping to see Reversal Price Pattern soon.
AUROPHARMA trade ideas
Amazing breakout on Weekly / Daily Timeframe - AUROPHARMACheckout an amazing breakout happened in the stock in Weekly timeframe. Wait for weekly close above the breakout level.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
[Positional] AuroPharma Buy IdeaAbhishek's Idea
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives
Stock Analysis Report: Aurobindo Pharma Ltd.Overview:
The chart presents a technical analysis of Aurobindo Pharma Ltd. on a daily timeframe. The stock shows a recovery pattern with a visible RSI divergence, indicating a potential bullish reversal.
Key Observations:
1.RSI Divergence:
A bullish divergence is identified as the price made lower lows while the RSI formed higher lows, signaling waning bearish momentum and the likelihood of an upward move.
2.Critical Support Levels:
Immediate support is marked at ₹1,273.35, corresponding to the 200-day moving average.
A strong base exists at ₹1,199.40 and ₹1,101.55, which acted as previous demand zones.
3.Potential Resistance Zones:
Initial resistance levels are observed at ₹1,310.80 and ₹1,346.60.
Major resistance is seen at ₹1,403.25 and ₹1,450.35, where the stock could face selling pressure.
4.Buying Strategy:
Enter long positions only if the price stabilizes above ₹1,273.35, confirming support.
Watch for a breakout above ₹1,310.80 for momentum trades targeting higher resistance levels.
5.Volume Analysis:
Increased volume on recent upward moves supports the bullish sentiment.
Monitor volume patterns for confirmation of breakouts or trend reversals.
Conclusion:
Aurobindo Pharma shows signs of a potential bullish reversal. Traders should closely observe the ₹1,273.35 support level and enter only upon confirmation. Targets are placed at ₹1,310.80, ₹1,346.60, and beyond. Implement proper risk management to account for potential volatility.
Aurobindo Pharma Long TradeHello,
Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum.
Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend.
Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios.
Details is Mentioned in Chart, Read carefully.. .
Aurobindo Pharma Ltd view for Intraday 13th Nov #AUROPHARMA Aurobindo Pharma Ltd view for Intraday 13th Nov #AUROPHARMA
Resistance 1280 Watching above 1282 for upside movement...
Support area 1250. Below 1265 ignoring upside momentum for intraday
Support 1250.Watching below 1248 for downside movement...
Resistance area 1280
Above 1265 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
AUROPHARMA NSE BULLISH FLAG /RBC&H 7M AUROPHARMA WTF Analysis
TRADE PLAN
ENTRY -1510 -1550 On BO of Bullish Fage DTF Close
SL -1405 or Weekly Low Close Price
TARGET --01-1719 , TGT02--1931
Hold For a Year or TGT 2
Chart Pattern :
STOCK has recently touched its LTH of 1592. Previously Impulse after forming a 2Y-7M RBC on the DTF/WTF. The recent 7Month Swing has now ripened to a Bullish Flag Pattern on a Pullback ready to BO above 1510. The Swing Target to the Recent ATH will give 12%+ return,
INDICATORS EMA :
The Price is Currently Trading below 20EMA, and 20EM above 50EMA in DTF. STOCK EMAs are currently aligned in a ascending order 200 to 20 indicating a bullish Trend on DTF/WTF.
FIBO E :
After the Bounce-back from 23.6% FIBO Retracement Level, Price is currently trading near the 11490 on DTF Impulse uptrend
Volumes: There CURRENTLY not Encouraging Though on the Weekly timeframe
Keep in your Priority Watch List
Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL based on your Risk apetite (Exit when price closes 7to8% below your Entry).
Trail Your SL progressively. Learn/Know and Review the Stock trading Technical Terminology. Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. Prefer Entry with 25% quantity, Add in Tranches of 25%-50% as prices moves upwards recommended.
MTFA- Multiple Time Frame Analysis
DTF -Daily Time Frame
WTF-Weekly Time Frame
MTF- Monthly Time Frame
ATH-All Time High
LTH/ATH -LifeTime High
RBC&H-Rounding Bottom Cup/Handle
BO- Breakout Close
EMA -Exponential Moving Average
FIBO R/E -Trend based Fibonacci Retracement/Extension
SL Stop Loss
TBD- To be Decided
CHoCH- Change of Character Bullish/Bearish
MSB/BOS -Break Out Structure
FVG Fair Value Gap
20VMA -20Volume Moving Average
SWING/POSITIONAL Trade
Auro Pharma Ltd view for Intraday 18th September #AUROPHARMA Auro Pharma Ltd view for Intraday 18th September #AUROPHARMA
Buying may witness above 1575
Support area 1560. Below ignoring buying momentum for intraday
Selling may witness below 1549
Resistance area 1560-1565
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Auro Pharma Ltd view for Intraday 17th September #AUROPHARMA Auro Pharma Ltd view for Intraday 17th September #AUROPHARMA
Buying may witness above 1575
Support area 1549-1550. Below ignoring buying momentum for intraday
Selling may witness below 1549
Resistance area 1575
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Auro Pharma Ltd view for Intraday 12th September #AUROPHARMA Auro Pharma Ltd view for Intraday 12th September #AUROPHARMA
Buying may witness above 1520
Support area 1499-1500. Below ignoring buying momentum for intraday
Selling may witness below 1499
Resistance area 1520
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Auro Pharma Ltd view for Intraday 5th September #AUROPHARMA Auro Pharma Ltd view for Intraday 5th September #AUROPHARMA
Buying may witness above 1565
Support area 1540. Below ignoring buying momentum for intraday
Selling may witness below 1540
Resistance area 1565
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Auro Pharma Ltd view for Intraday 4th September #AUROPHARMAAuro Pharma Ltd view for Intraday 4th September #AUROPHARMA
Buying may witness above 1565
Support area 1540.. Below ignoring buying momentum for intraday
Selling may witness below 1540
Resistance area 1565
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Auro Pharma Ltd view for Intraday 3rd September #AUROPHARMA Auro Pharma Ltd view for Intraday 3rd September #AUROPHARMA
Buying may witness above 1565
Support area 1540.. Below ignoring buying momentum for intraday
Selling may witness below 1540
Resistance area 1565
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Aurobindo Pharma Ltd view for Intraday 27th August#AUROPHARMA
Aurobindo Pharma Ltd view for Intraday 27th August
Buying may witness above 1555
Support area 1540. Below ignoring buying momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Auropharma Ltd intraday level for 23rd Aug #AUROPHARMA Auropharma Ltd intraday level for 23rd Aug #AUROPHARMA
Buying may witness above 1536
Support area 1520. Below ignoring buying momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
sell at zone - intraday - expecting small fall from the zone .
- good for intraday trade
ENTRY
- entry is strictly inside the zone
- look for confirmation in smaller time frame ( 15 mins preferred )
TARGET
- use fibonacci retracement on C to latest swing high
- mark 0.236 fib value as target
STOPLOSS
- if daily tf candle close is above the zone .
IGNORE
- if u didn't get confirmation inside zone , ignore this pick
- if daily timeframe candle close is above this zone , this pattern become invalid and ignore this pick