Auropharma - Double Bottom - Fib Extn - Long
Auropharma has formed double bottom at 738-740.
Also the Fib Extn with trend based has retraced the script to 742.05 and moved the script with 23.6% 900.05 where the stock has a strong resistance level in monthly time frame at 893.
So, if the script closes above 905 in the daily time frame, we can go for Long.
Entry - 905
SL - 735
Target - 1075
Disclaimer: Kindly do your own analysis before executing the trade.
Also the Fib Extn with trend based has retraced the script to 742.05 and moved the script with 23.6% 900.05 where the stock has a strong resistance level in monthly time frame at 893.
So, if the script closes above 905 in the daily time frame, we can go for Long.
Entry - 905
SL - 735
Target - 1075
Disclaimer: Kindly do your own analysis before executing the trade.
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