Tuesday, April 26, 2011

#1 Stock Update: AUROPHARMA

Risky Investors buy AUROPHARMA at CMP of 197 with a SL of 191 for short term. It will give a symmetric triangle breakout on either side...Volumes are low at present indicating a major charasteristic of symmetric formation. RSI is flat at 40 and MACD is also flat at 0 volume breakout on either side will decide the fundamentally pharma sector will be it is expected to breakout on uper side

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