AUROBINDO PHARMA - Price is bouncing from demand
⚡Price Analysis:
1️⃣ Stock is in bullish trend.
2️⃣ Price have hit the demand zone.
3️⃣ EMAs are also supporting the view.
✨ My Expectations:
➡️ RRR is favourable.
➡️ 1:3RRR minimum will be expected. Entered w/ 7% SL .
➡️ Expecting strong weekly candle closing for confirmation strength.
➡️ Overall market sentiment is weak so will stay cautious.
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️
💬 Drop your thoughts below in the comments section if you liked this analysis!✌️
🔥Happy trading!✅🚀
1️⃣ Stock is in bullish trend.
2️⃣ Price have hit the demand zone.
3️⃣ EMAs are also supporting the view.
✨ My Expectations:
➡️ RRR is favourable.
➡️ 1:3RRR minimum will be expected. Entered w/ 7% SL .
➡️ Expecting strong weekly candle closing for confirmation strength.
➡️ Overall market sentiment is weak so will stay cautious.
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️
💬 Drop your thoughts below in the comments section if you liked this analysis!✌️
🔥Happy trading!✅🚀
Anubrata Ray ⚡
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