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Aurobindo Pharma Ltd

Discussion in 'Technical Analysis' started by tarak_desai, Sep 13, 2012.

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  1. tarak_desai

    tarak_desai New Member

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    Hello,

    Is this a good script to watch out for ?

    Great volume, Entry price: 135 with StopLoss of 115 ?

    Do share your views.

    Thanks

    [​IMG]
     
    Last edited: Sep 13, 2012
  2. shabbir

    shabbir Administrator Staff Member

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    Not buy now but wait for break out above 135 which would form a new support may be around 125 odd levels.
     
  3. aveerareddy9

    aveerareddy9 New Member

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    Aurobindo seems forming a flag which will be good above 160
     
  4. yankeedin

    yankeedin Responder

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    can be bought at cmp of 187 with SL 180 with target 205.
     
  5. yankeedin

    yankeedin Responder

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    today aurbindo pharma made good jump... my target of 205 will be reached soon
     
  6. yankeedin

    yankeedin Responder

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    spike and breakout

    aurbindo pharma initially spiked in morning and then during last hour of trading. As per knowledge shared by Shabbir in his e-book, this pattern is 'spike and breakout' . It may move upward again tomorrow for 8-10 pts return over current price. views please
     
  7. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    It is not spike dear, it is breakout, so yes to buy with strict stop of 205-200 and target should be 240-260 and then watch carefully @ 275-278 if manage to cross 280 then 300 should be final target with modified stop losses.
     
  8. shabbir

    shabbir Administrator Staff Member

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    Time to buy but if you can share your price points as well as stop that will help me reply more specifically
     
  9. AjithaPriyasi

    AjithaPriyasi Member

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    Dear Forum Members,

    Any comments on Aurobindo Pharma Ltd

    Regards,
    Ajitha
     
  10. shabbir

    shabbir Administrator Staff Member

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    Break out and so stop of 270 can getting long should be nice strategy.
     
  11. yankeedin

    yankeedin Responder

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    Swing trade: buy @cmp 690, sl 650 target 725,760
     
  12. yankeedin

    yankeedin Responder

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    Hit first target of 725 and booked the same today. :party:
    if holding we can now trail sl to 700
     
    shabbir likes this.