AUROBINDO PHARMA LTDUpdated High Probability Trade - Auropharma
In Medium Term - Auropharma is making a Flat channel with resistance around 825 and support at 701.
In Short Term - Auropharma is bouncing off Support Level of 762. One can buy on the break of Flat pattern above 776 for a target of 791 and 825. SL should be kept around 760
In Short Term - Auropharma is bouncing off Support Level of 762. One can buy on the break of Flat pattern above 776 for a target of 791 and 825. SL should be kept around 760
Note
Breakout happened. Now trying to retest the break. Ideal candidate to go long.Note
Moving as per expectations.Trade closed manually
Closing this chart as the pattern has changed itself. Resistance from previous high was not crossed and witnessed selling with impulse, new chart posted for smaller time frame showing the best possible scenarios to enter trade.
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