Auro Pharma broke the upward sloping trend line and the fall was steep. Currently there are 2 scenarios with small risk. entries around the support areas with small sl for a target of 792 and breakout.
Comment:
Retested the highs today again, then took support at yesterdays low. Lets see if we are able to break past the 795 odd levels and sustain above it. as the number of failed attempts increases, possibility for the downside increases.
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Reached support...expect a bounce
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Not giving a chancr to bounce...broke support..expect lower levels