Aurobindo Pharma
CMP 514
It seems to be one of the weakest stock in pharma sector .
Downfall can continue in coming weeks . Can go upto 78% of Fib -level retracement of whole rise from March 2020 . If it does not stop there , then A=C is the target .
It is a weekly chart so it might take time to play out as per this projection ( if this plays out!)
Weekly Chart
Disclaimer :This post is just a for learning a method. Views are personal. No buy/sell recommendations. These are probability study methods and chances of success/failure depend upon various factors.
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