Good Setup For AuroPharma Pure Price Action Based ...
I think 1034 is big hurdle for this stock because the way stock fall from this levels with big Volumn..
i will suggest go long After 1035 then we can see upside target ...BUY@ 1035--SL@1015-1010
Targets Shown in chart..R:R=1:1.5
now it in strong support Zone ...IF it break then can see downside levels shown on chart..
As observed on the chart, the price action reached to monthly level support zone, stayed and made a double bottom followed by bullish divergence, indicating a strong pullback from current levels.
As per my analysis, it may move up to the following targets
T1- 2000 (1:2)
T2-2200 (1:4)
SL- 1500
Kindly do your due diligence before taking any action.
Thanks
