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Aurobindo Pharma Medium Term Reversal TradeThe stock has reached lower trend line and looks to take support and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby & 200 EMA . Risk Reward Ratio - 1:1 SL is placed below multiple major support zones and target is place near swing and channel high. Earnings will be disclosed during the trade duration. If not good or the trendline and 200 ema are broken after results, it may be a better option to exit. Note: As the market is under selling pressure, enter only after confirming a reversal.
NSE:AUROPHARMALong
by tradewidmufeeth
multibagger alert SPIC CMP 49Technical analysis : it is showing gpt infraproject like graph symmetrical triangle breakout if it remains above 47.50 it will give breakout in upcoming days but if it breaches the treandline it will just take time to go up, RSI is in oversold zone. FUNDAMENTAL: 1/ increased revenue in jun 21 quarter 2) increased operating profit in jun21 Q 3)profit before tax 27 crore which is less as compared to previous 32 crores but it is good as compared to other companies performance in this quater due to covid . best time to buy this stock is now as it is down 20 % in the last month
NSE:SPICLong
by Tradekarsharma3398