Auropharma is at the long term support level 621 - 625. Buy above 625 with the stoploss of 621. Targets are 628, 632, 636 and 640 Sell below 621 with the stoploss of 625. Targets are 616, 614 and 610. This trade is valid for 2 to 3 days only. Analysis based on Dow tenet "Lines indicate movement", support & resistance level and RSI. Analyse and follow your trading plan always.
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bajajct100
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Vanathi I have invested lot of pharma stocks.I bought drreddy @ 2900.and now it is below 2600.what should I do.I want your analysis.
sharajpaul
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Dear Vanitha, Nice analysis from you always. I have a question on this particular stock..is it worth investing in this stock at this point or we need to wait for some other levels ?
vanathi
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@sharajpaul, Pharma sector is not stabilised yet. This level is not for investment.