UnknownUnicorn381249

Auropharma is the correction over or Is it entering a bear phase

Long
NSE:AUROPHARMA   AUROBINDO PHARMA
45 views
0
Auropharma has made a high of 891 on 12--28-2016. Since then it has been heading lower and Recently it made a double top at 895. The last top was squared at 30 days timing on coming day. Also The stock showed recovery from the trend line support. Adding to that the stock never corrected for more than 4 weeks in the whole up trend. So next week will be very interesting with upward bias. If the stock corrects next week as well we may have to treat it as uptrend has been stalled for now. Take trading decisions from daily and lower time frame charts.

Comments