Aurobindo Pharma to play in bearish channel

20 Kas 2016

Aurobindo Pharma is trading in the bearish channel since breaking the uptrend, om Monday market open will decide it further direction, it may go either way, if market open red, it may retest the support 680.00 on the other hand if market open green it will go towards channel resistance 760.00, the game is 50-50. traders may wait to see where market is heading on Monday and decide long or short.