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