AUROPHARMA 4HRBullish GARTLEY
Earlier this same Pattern given good reaction on Type1 entry i.e REACTION
now price is again in PRZ Zone of Pattern Therefore it becomes a TYPE2 Entry which is REVERSAL
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
AUROPHARMA trade ideas
AUROPHARMA ready to go to 1025!??AUROPHARMA: Took good support at different Fibonacci retracement levels; 742 it went 882 (Fibo 0.5 ) with little resistance and then took support at Fibo level 0.618 (849). Then it jumped to 916 (Fibo 0.382 ) and took support again at Fibo 0.618 level (849). From 849 it jumped to 957 withy very little resistance! From 957, it returned to 0.382 level (916 ) twice ! I think it is ready to fly to 1025 with little resistance !
AUROPHARMA ready to go to 1025!??AUROPHARMA: Took good support at different Fibonacci retracement levels; 742 it went 882 (Fibo 0.5 ) with little resistance and then took support at Fibo level 0.618 (849). Then it jumped to 916 (Fibo 0.382 ) and took support again at Fibo 0.618 level (849). From 849 it jumped to 957 withy very little resistance! From 957, it returned to 0.382 level (916 ) twice ! I think it is ready to fly to 1025 with little resistance !
Aurobindo PharrmaThe stock has been in an uptrend and has taken an important support at its trendline in daily chart. It has been confirmed by forming bullish candlestick pattern called hammer at trendline support. One can go long by placing a stoploss of 889 and target can be 990. ( This is posted for education purpose only, Personal due diligence advised)
AUROPHARMA Daily Bearish Crab + RSI RIVERGENCE.....Vertical dotted line is Ultra high volume up bar- trap of Smart Money , Higher volume- Professionals are selling into the public buying..HIGH VOLUME for going SHORT we need LOW VOLUMES in the area of ULTRA HIGH VOLUME Bars, IF Price breaks ULTRA HIGH VOLUME Candle LOW with LOW VOLUMES & with NO DEMAND l.e place for short
price need to follow Green Trend line & hit target
If price Breaks Red Trend line is where EXIT before SL hits
POTENTIAL SELL