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Ruzbeh

Auropharma approaching crucial resistance zone of 630-640

AUROBINDO PHARMA (NSE:AUROPHARMA)  
Ruzbeh Updated   
NSE:AUROPHARMA   AUROBINDO PHARMA
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
Auropharma reaching for important resistance zone of 630-640. If it sustains above this level then more upside possible with double bottom formation in place! If not then auropharma continues its down journey!! To make a note on CCI 100, the readings are getting closer to zero level. If on CCI shows a knock down from zero level then down trend has more probability
Comment:
As commented earlier Auropharma felt a setback near to 630-640 level! Right now consolidating and holding abv 600!! Would be interesting to see which direction it goes!! More probability to upside!!
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