Again, There is a huge huge difference between Trading and Investing.
For trading, Technicals saying yes its in downtrend. But its a investment opportunity...take it or leave it. Whatever you do but dont regret it.
What about usfda inspections...do you think auro don't need stoploss and start accumulating it...in future if usfda came...can it hold its support level or break it....or you think that whether usfda comes or not auro will not break its support near 600..look for wockhardt also...thanks
@ssudheerbabu, Don't trade, cant catch the bottom. Accumulate Pharma in SIP Mode for next 3 years and then see the Magic.... Most of us regret loosing out on Cairn/vedanta and Hindalco.... Now here's the chance to make up for it... Dont loose this opportunity.. but dont buy in bulk as well. :)