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Futures Trade | A narrow range bullish expanding triangle pattern in Aurobindo Pharma

Aurobindo Pharma has generated a narrow range bullish expanding triangle pattern after taking support at the previous resistance level offering a low-risk trade.

November 25, 2020 / 08:11 AM IST

Prashant Shah

Auro 2511

Aurobindo Pharma has generated a narrow range bullish expanding triangle pattern after taking support at the previous resistance level. It has been one of the outperformers of a leading sector. The pattern provides an affordable opportunity to participate in the trend. Buy Aurobindo Pharma above 885 with stop-loss 874 for a target price of 900 and 917.

 

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Moneycontrol Contributor
first published: Nov 25, 2020 08:11 am

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