AUROPHARMA

Aurobindo Pharma Wave analysis

WAVE 1 - Bullish Wave - 395 to 483 = 88

WAVE 2 - Corrective wave - 483 to 444 = 39

WAVE 3 - Bullish wave - 444 to 564 = 120

WAVE 4 - Corrective wave expected from here - 120 X 0.33 = 39.6 which is 564 minus 39.6 = 524 Target

At resistance now

Daily RSI : 85 Over bought

Purely technical

for shorters with stop loss at 570 short for target 524.

for long , Buy at 530 - 536 levels.


Nonetheless script is good for long-term