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2024-04-01 10:07:06 am | Source: Religare Broking
Stock of the day : Aurobindo Pharma Ltd For Target Rs. 1150 - Religare Broking

Aurobindo Pharma Ltd 

* We are seeing decent traction in the Pharma space and AUROPHARMA is offering a fresh buying opportunity. 

* It has ended its long corrective phase, after registering a breakout from the bullish price pattern with noticeable volumes. 

* Following price action and buoyancy in the pharma space suggests price is set to test its previous swing high. 

* We thus recommend creating fresh longs in the mentioned range.

 

Buy Aurobindo Pharma Ltd  CMP 1088.75 Range 1086-1090 SL 1058; Target 1150

 

 

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