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aritraghosh09

AUROPHARMA: Fundamentally cheap and expected reversal

Long
AUROBINDO PHARMA (NSE:AUROPHARMA)  
aritraghosh09 Updated   
NSE:AUROPHARMA   AUROBINDO PHARMA
Technical Indicators Fundamental Analysis AUROPHARMA PHARMA auropharmalong auropharma-trading swingtrading investing
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indicator fundamental auropharma pharma auropharmalong auropharma-trading swingtrading investing
Target of at least 900. Probable formation of a W pattern. If it breaks 750 levels it will hit 900. The stock has previously taken support in the current levels. Good opportunity to buy this dip. And above all of this, this stock is fundamentally undervalued. The most and probably only undervalued stock in Indian Pharma.
Trade closed: stop reached:
Stop loss triggered. Support broken with good volume. Not safe to be in the trade anymore. Let's stick to the rules and stop our loss. We will get plenty of other opportunities to recover it out.
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