AUROPHARMA NSE BULLISH FLAG /RBC&H 7M
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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
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
Trade chiuso: stop raggiunto
SL HIT Close Trade Wait of ReEntry
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