Aurpharma has made a Decent move on the upside and with the pharma sector doing good. In all probability this looks to make a decent move of approx 20% on the upside. Let's watch out for this in next few days.
Stock has made superb move continuously for last few days.
AS mentioned above by @Kumar Abhijeet there is gap upside also RSI is good.
Can we get in immediately or should wait for consolidation on Hourly chart ?Last HL Pivot is too low giving huge gap in SL, if entered immediately what can be potential SL ?
Based on the HH and LL, SL is @330 and short term target is @ 640, is this holds good? and how can we guess the reqd time to achieve the target(From chart)?
Closed at 644. Wow !! What a move !!
Exceeded the targets. Proved to be one hell of a trade.
We should wait for a corrective move to make an entry.
Stock has made superb move continuously for last few days.
AS mentioned above by @Kumar Abhijeet there is gap upside also RSI is good.
Can we get in immediately or should wait for consolidation on Hourly chart ? Last HL Pivot is too low giving huge gap in SL, if entered immediately what can be potential SL ?
Based on the HH and LL, SL is @330 and short term target is @ 640, is this holds good? and how can we guess the reqd time to achieve the target(From chart)?
What is the reason that it may move up?