Sudarshan Sukhani of s2analytics.com advises to buy Aurobindo Pharma.
Sukhani told CNBC-TV18, “The markets are choppy so we have buying as well as selling. I would suggest considering Aurobindo Pharma for buy, the stock itself has made a bullish pattern. The stocks that make bullish patterns are something that we like because they are building a base and saying okay.”
He further added, “The selling has been probably been exhausted. Buy Aurobindo Pharma, it has made a bullish head and shoulder and then sees where it goes – keep a stop loss in all cases.”
"Aurobindo Pharma was in my buy list yesterday and today again afternoon when we were discussing stocks, I suggested again buying it. The stock charts are very nice. It is suggesting a significant up move is in the offing. It is not a day trade rather. It is really something one would want to hold on for a couple of days to get the real benefit.”