TradingView
Srivis125
Oct 3, 2021 1:36 AM

Weak Technicals combined with High Pledge by Promoters Short

AUROBINDO PHARMANSE

Description

5 month making lower lows and still looks weak. attempting to find a base now. Can go as low as 630 levels before attempting to retrace its journey upward. Fundamentally, high percentage of promoter pledge is a concern.

Trade active

still not crossed last week's high
Comments
Onemanshow1234
It’s extremely manipulated and I got in at 668 and am on it for 2months now. But there’s no way in hell it’s gonna go below 700 again. There’s crazy strong support at 712 and 706. Onwards and upwards.
Srivis125
@Onemanshow1234 I guess the bull run is helping too. a little correction in the Market and this wil fall quickly.
More