Stocks to Watch For Thursday – CapitalHeight AUROBINDO PHARMA LTD .

Stockstowatch by CapitalHeight

The stock closed above Rs 780 on 10th October, 2018. It made a reversal from 61.80% retracement level on daily chart. Long positions are continuously building in Auro pharma future as it is continuously trading in “Symmetrical Triangle” on the daily chart. Break out will be expected in upcoming trading days, which is considered to be bullish.

Technical indicators like RSI and MACD are also looking positive for Auro pharma. ADXR is also confirming the trend.

So, one can execute long in the range of Rs 785-787 levels for the upside target of Rs 795-800 levels with a stop loss below Rs 769.90.

For More Update About Market Click here: CapitalHeight.

For More Update About Market Click here: CapitalHeight.

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