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
ملاحظة
TAKING RESISTANCE NEAR 200 EMA, BUT OVERALL GOING GOOD IN BEAR MARKETملاحظة
KEEP A WATCH FOR COMING WEEK🤝✌️ملاحظة
NICE MOVE GAINED 5%ملاحظة
GOING GOOD AT 519 FROM 496 WITHOUT TAKING 200 EMA CROSSED TODAYملاحظة
CLOSED OK, NOT TAKING MUCH SELLING PRESSURE IN VOLATILE MARKETملاحظة
HIGHEST CLOSING AFTER BREAKOUT PUBLISHED GAINED 5% SO FARملاحظة
Weekly Breakoutملاحظة
REACHED 525 FROM 492 GAINED 7% SO FAR COULD HIT TARGET ONEملاحظة
REACHED 528 FROM 492 NEAR TARGET OF 535ملاحظة
VERY CLOSE TO TARGETأغلقت الصفقة: تم الوصول للهدف
DID TARGET OF 535✌️✌️ملاحظة
GOING GOOD FOR SECOND TARGETملاحظة
CMP 545 FROM 492 GAINED 10% SO FARأغلقت الصفقة: تم الوصول للهدف
DID COMPLETE TARGET OF 558 TODAY, FEELING GOOD BY IT'S ROCKING NONSTOP PERFORMACE AFTER PUBLISHENملاحظة
LOOKING FORWARD AFTER DID TARGETملاحظة
LOOKING STRENGTHملاحظة
DID 575 HIGH TODAYملاحظة
BOLLINGER BREAKOUT WEEKLY CHARTملاحظة
ᴄᴏɴғɪᴅᴇɴᴄᴇ ɪs ɴᴏᴛ ‘ɪ ᴡɪʟʟ ᴘʀᴏғɪᴛ ᴏɴ ᴛʜɪs ᴛʀᴀᴅᴇ.’ ᴄᴏɴғɪᴅᴇɴᴄᴇ ɪs ‘ɪ ᴡɪʟʟ ʙᴇ ғɪɴᴇ ɪғ ɪ ᴅᴏɴ’ᴛ ᴘʀᴏғɪᴛ ғʀᴏᴍ ᴛʜɪs ᴛʀᴀᴅᴇ.” - ʏᴠᴀɴ ʙʏᴇᴀᴊᴇᴇملاحظة
FOR TRADERS KEEP AN EYE, ALTHOUGH I AM DONE WITH GIVEN TARGETSملاحظة
WHAT SAY TRADERS? READ UPDATE JUST ABOVE THIS UPDATEملاحظة
DID SAME AS MENTIONEDملاحظة
SEEMS SOME POTENTIAL IS REMAINING FOR THIS RUNملاحظة
CHECK LAST UPDATE DID 610ملاحظة
YESTERDAY SHARED, AGAIN UPDATINGأغلقت الصفقة: تم الوصول للهدف
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 
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.