Saturday, 2 September 2017

Aurobindo Pharma - Update 1

Refer to the below post dated 27th August.   Auropharma now running on a profit of 7240 rupees.  Wait to reach 10,000 rupees to book partial profit.  




Sunday, 27 August 2017

Aurobindo Pharma - Bullish breakout

After a 4 week correction, the stock has made a bullish break out above the prevailing trend line.

Buy 740 Call at 27.5 Rupees.
Sell 800  Call at 9.4 Rupees

Maximum risk : 14,480
Maximum Profit potential : 33,520.
Risk Reward Ratio : 1:2
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Indiamart Weekly Bullish Breakout

After 3 months of correction stock is made good set up to buy on monthly and weekly chart. Breakout with volume.