AUROLAB Buy above 100.25 SL below 74.75 Targets: 111.5/121.5/151.25/196.8/243/272 Inverted H&S BO expected. Recent parallel channel BO. Incremental Weekly Bullish volumes RSI Trendline BO For educational purpose only.
Auro Lab is currently at attractive levels. The stock shows good promise to to touch short term target of 125 and for long term traders it can touch 160. In order to not loose profits, I have marked the exit strategy for short term traders and for those who would like to exit stocks at key intervals.
Daily close above 115 can spurt a good move towards 150.
symmetrical triangle with an bullish entry. good consolidation at the base, oversold indicators may give breakout with the target of 100 within few days