AurobindoPharma Go Long ...CMP-1013
Support Zone from last few Days-1000/1003
Strong Support-965/975
following Trend from Low of 4th may level of 955..and took strong support with heavy volumn...
Can go long above-1018 SL 1005
Pandemic
Nifty (What Next ?)March Monthly candle will decide Nifty's Future.
Personally I feel coronovirus panic is short lived and market will soon be bullish. Many theories suggest that this was a planned chaos created by Chinese govt to surpass Western Economy.
Once they achieve their goal things will be back to normal.
Although in worst case, Nifty will find support around 2008 levels.
If you are an aggressive investor now its the best time to pour money into good stocks, If you want to play safe then wait till month end.
