Aurobindo Pharma Ltd. CMP - Rs 176.60
Technical Outlook & Trading Strategy:-
The share price of Aurobindo Pharma has registered a breakout from its cluster of moving averages.The momentum indicators remain in the rising trajectory and indicate strength in the current up-move.We expect the stock price to decline towards the level of Rs 183 / Rs 186 in the upcoming session.
We recommend a buy at current price with stop loss placed below Rs 171.20 for the aforementioned targets.
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