Aurobindo Pharma seems to be in leg C of ABC correction. Minimum target to the downside is of 61.8% (1014). SL is above 1152
Note
Yesterday's price action indicates that the stock could start a correction, although a close below yesterday's low (1147) is needed for confirmation. Will be on the lookout to see if it's Wave C or just a minor correction. Will keep you guys posted
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.