Aurobindo Pharma has target of Rs 117-118, says Siddharth Bhamre, Angel Broking.
Aurobindo Pharma has target of Rs 117-118:Bhamre told CNBC-TV18, "Aurobindo Pharma in pharma space in between showed significant run-up from lower levels in 3-4 trading sessions and after that has corrected. But ever since it is adding good amount of long positions, so we would be bullish over here. We have a target of Rs 117-118 at this point of time and one can fix a stop loss somewhere around Rs 95-96 and go long and trade with positive bias over there."
He further added, " Crompton Greaves may not be directly linked to L&T space but that is having a rub off effect of those drizzles and we are seeing good amount of long positions getting added in this counter. So that is also one of the stocks which we would like to trade with positive bias. We are not very bullish on metals, so probably would advice some profit booking over there in metal space."
