AshishChauhan_AlgoTrader

Auropharma- What's Next ?

Short
NSE:AUROPHARMA   AUROBINDO PHARMA
AuroPharma is at support 727-728, if it breaks down that support and goes below 725 then we can see a downfall towards our trendline marked in chart & it can target 700 and below keeping in mind that it should not break 742 on the upside.
Trade active:
Auropharma did 698. out tgt towards down was 700, hit almost on dot..
Comment:
Auropharma closed @ 711 and not able to cross the support line which had now become resistance for it. Tried to cross with 3 candles but not able to close above it after the bounceback from 698 level.

$~ac~$
Ashish Chauhan,

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