binuppaul
Short

AUROPHARMA- CORRECTIVE DIVERGENCE IN MOMENTUM

NSE:AUROPHARMA   AUROBINDO PHARMA
Read the earlier published article on Auropharma . The targets on the downside are marked in the chart. Will update this chart once all filters of a short entry condition is satisfied.

Note:

The first version of this analysis appeared in the educational blog of Center for Research in Asset Markets and Economy (CRAME), Christ (Deemed to be University) Lavasa

DISCLAIMER

The content provided in CRAME blog is for educational purposes only. CRAME or the analyst(s) do(es) not assume any responsibility for the financial decisions/actions made on the basis of the analysis presented in the blog.

Analysts

Prof. Binu P Paul PhD
Prof. Soumya V ACSI
Trade active: The short term chart structure suggesting a downmove.

Comments

Although momentum in pharma sector is very strong currently and it might ignore the divergance
Reply
binuppaul aashish2137
@aashish2137,

Auropharma results will be out this week. Price levels and trade entries based on indicator set up and price action may be challenging with news flow around. Lets wait for this week to pass
Reply
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