indiamarketoutlook
Long

Aurobindo Pharma: No one can time the market...

NSE:AUROPHARMA   AUROBINDO PHARMA
98 0 1
.....but when time comes, you will certainly make the most of it...:-)

That's the advantage of interacting with charts directly...

Identify levels...when they come be in a clear decision making mind frame to act...reap the benefits of listening to charts directly

The stock has crossed our 1st target of 625 & in the process has also taken out 50 day EMA in style with good volumes.

What next...???

The stock is currently on the brink of long term trend line break out and 674 zone where it will test 200 day EMA is the final litmus test for the stock.

Watch out cause Auro is getting well soon...!!!


On the lower side 50 day EMA should provide good support (buying opportunity) going forward...

Take care & happy trading....
Trade closed: target reached: The stock has made a high of 663.50 exceeding our target :-)

We are closing the trade now but will surely be looking to enter again on dips..


Take care & happy trading...!!!
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