2025-05-09 11:45:17 am | Source: Motilal Oswal Wealth Management
Technical Trading Idea : Aurobindo Pharma Ltd For Target Rs. 1050 By Motilal Oswal Wealth Management
Aurobindo Pharma Ltd
Sell Aurobindo Pharma Ltd CMP 1161 SL 1215??????? Target 1050??????? Duration Weekly
* Breakdown below 20 DEMA support zones.
*Strong bearish candle to suggest downtrend.
*MACD indicator giving negative crossover which confirms the declining momentum.
*We recommend to sell the stocks FUT contract at CMP Rs.1161 with a SL of Rs.1215 and a TGT of Rs.1050.
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