Aurobindo Pharma – Short term top ?


This is strictly on intraday basis.

Aurobindo Pharma NSE:AUROPHARMA appears to have topped out on 15 min chart around 577 levels.

The stock is struggling around 575 levels.

I can see a negative divergence here with price coming down slowly.

Good opportunity to short if it stays below 575 for a first target around 559 levels.

Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
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