AUROPHARMA - Gravity Is Catching Up - 12/16/2016

488 0
Auropharma - Aurobindo Pharma had an impressive run from 100 to 900 in two years. We believe that Pharma sector will always do good in India and have mentioned the reasons for that numerous times in the blog here. Big pharmaceutical companies around the world will keep on outsourcing manufacturing to Indian pharma companies because of cheap labor, lax regulation regarding pollution and to diversify the supply chain. Besides, Indian companies have huge market in Africa where drug quality standards are not that stringent.
Simple play-book to trade pharma stocks in India is to,
1. ) Never chase ridiculous high levels, even if the company is making tones of money and everything is looking rosy.
2.) Always stick to point number 1, because next FAD warning or something like is that is just lurking somewhere around the corner to shot that bird down.
3.) When the victim company is in ICU , start grabbing it from attractive support levels !
Interesting support levels to buy AUROPHARMA
Ok here they are - 600, 500 and 350. 600 is the first one but it becomes really attractive trade near 500. So we will be looking to trade it from buy-side in such a way that our cost basis is as close to 500 as possible. Not possible to walk you through the entire trade procedure but you got the gist of it :)
Here are some other pharma trades we have done. ( please check the link )
Dr Reddy
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
HE עברית
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
概述 个人资料设置 账号和账单 我的客服工单 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出