TRADE IDEAS AUROPHARMA
Hello friends here I am publishing a trade idea on Daily chart of Aurobindo Pharma first of all I must say that it is a simple trading idea only based on price action for the beginners like me and I only plotted 200 EMA on this chart for indicators, So as we can see after a consolidation in Parallel Channel it is breaking a strong resistance after breaking channel resistance too and poised to go up from here for the next resistance are identified as trade targets son the basis of these observations I am sharing mine ideas below
IDEA ONE-: After break of resistance it can take a resistance of it's 200 Ema which is nearly about 506 levels and came down for a retest of resistance and will go up Target 1 and Target 2.
IDEA TWO-: After completing the idea one and after done of Target one it came down and retest the Breakout resistance and will go for the Target 1 and target 2.
IDEA THREE-: It can go straight to targets Target 1 and Target 2 (less probability).
STOP LOSS-: Stop loss must be a day close below the Parallel channel Resistance which is about 479 levels.
Trade Idea ignored if we will not get a day close above of 492 present Resistance.
NOTE-: This is not and trade or investment advice. This idea is meant for learning only. Invest your capital at your own risk
𝐑𝐞𝐠𝐚𝐫𝐝𝐬-: 𝐀𝐦𝐢𝐭 𝐑𝐚𝐣𝐚𝐧
IDEA ONE-: After break of resistance it can take a resistance of it's 200 Ema which is nearly about 506 levels and came down for a retest of resistance and will go up Target 1 and Target 2.
IDEA TWO-: After completing the idea one and after done of Target one it came down and retest the Breakout resistance and will go for the Target 1 and target 2.
IDEA THREE-: It can go straight to targets Target 1 and Target 2 (less probability).
STOP LOSS-: Stop loss must be a day close below the Parallel channel Resistance which is about 479 levels.
Trade Idea ignored if we will not get a day close above of 492 present Resistance.
NOTE-: This is not and trade or investment advice. This idea is meant for learning only. Invest your capital at your own risk
𝐑𝐞𝐠𝐚𝐫𝐝𝐬-: 𝐀𝐦𝐢𝐭 𝐑𝐚𝐣𝐚𝐧
Nota
TAKING RESISTANCE NEAR 200 EMA, BUT OVERALL GOING GOOD IN BEAR MARKETNota
KEEP A WATCH FOR COMING WEEK🤝✌️Nota
NICE MOVE GAINED 5%Nota
GOING GOOD AT 519 FROM 496 WITHOUT TAKING 200 EMA CROSSED TODAYNota
CLOSED OK, NOT TAKING MUCH SELLING PRESSURE IN VOLATILE MARKETNota
HIGHEST CLOSING AFTER BREAKOUT PUBLISHED GAINED 5% SO FARNota
Weekly BreakoutNota
REACHED 525 FROM 492 GAINED 7% SO FAR COULD HIT TARGET ONENota
REACHED 528 FROM 492 NEAR TARGET OF 535Nota
VERY CLOSE TO TARGETTrade fechado: objetivo atingido
DID TARGET OF 535✌️✌️Nota
GOING GOOD FOR SECOND TARGETNota
CMP 545 FROM 492 GAINED 10% SO FARTrade fechado: objetivo atingido
DID COMPLETE TARGET OF 558 TODAY, FEELING GOOD BY IT'S ROCKING NONSTOP PERFORMACE AFTER PUBLISHENNota
LOOKING FORWARD AFTER DID TARGETNota
LOOKING STRENGTHNota
DID 575 HIGH TODAYNota
BOLLINGER BREAKOUT WEEKLY CHARTNota
ᴄᴏɴғɪᴅᴇɴᴄᴇ ɪs ɴᴏᴛ ‘ɪ ᴡɪʟʟ ᴘʀᴏғɪᴛ ᴏɴ ᴛʜɪs ᴛʀᴀᴅᴇ.’ ᴄᴏɴғɪᴅᴇɴᴄᴇ ɪs ‘ɪ ᴡɪʟʟ ʙᴇ ғɪɴᴇ ɪғ ɪ ᴅᴏɴ’ᴛ ᴘʀᴏғɪᴛ ғʀᴏᴍ ᴛʜɪs ᴛʀᴀᴅᴇ.” - ʏᴠᴀɴ ʙʏᴇᴀᴊᴇᴇNota
FOR TRADERS KEEP AN EYE, ALTHOUGH I AM DONE WITH GIVEN TARGETSNota
WHAT SAY TRADERS? READ UPDATE JUST ABOVE THIS UPDATENota
DID SAME AS MENTIONEDNota
SEEMS SOME POTENTIAL IS REMAINING FOR THIS RUNNota
CHECK LAST UPDATE DID 610Nota
YESTERDAY SHARED, AGAIN UPDATINGTrade fechado: objetivo atingido
FINAL AND LAST UPDATE FOR THIS IDEA IF I WILL FIND SOMETHING INTRESTING ON AURO WILL PUBLISH AN OTHER IDEA ON THIS STOCK, THANKS FOR GIVING WONDERFULL SUPPORT 
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.