indiamarketoutlook

Aurobindo Pharma: Get well soon

NSE:AUROPHARMA   AUROBINDO PHARMA
Aurobindo Pharma

- The stock has been an underperformer since May 2021

- Was the recent breakdown below 680 just a shakeout of weak hands or would it get resisted again?

- We are soon to find out... The stock is near make or break zone.

Momentum might be seen on sustaining above 712

Note: In our last stint with Aurobindo Pharma it did not work out that well, so due your due diligence 🙏

Take care & safe trading....!!!

Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be

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