Aurbindo Pharma broke 4 year resistance in Aug'20 however retraced. This time too it has broken same resistance and forming inverted HnS. Can be considered for long if breaks TL successfully
2nd scenario - Stock can come back to 905 levels of support and then again bounce back. Keep an eye in coming days
2nd scenario - Stock can come back to 905 levels of support and then again bounce back. Keep an eye in coming days
Trade closed: target reached
Stock made low of 880 on Friday. If taken swing trade on short side can book profit. Stock can now bounce up to 1000 levels
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.