October 05, 2016
AUROPHARMA (Till October Expiry)
866 - 870
AUROPHARMA has rallied sharply in last few weeks; but, we did not witness any long formation
in this up move seen from
780 levels. The stock has a strong hurdle around
levels. Today, it is hovering around mentioned resistance level and showing some sign of
reversal. The stock is currently light on positions and may attract fresh short positions. Thus,
traders are suggested to form short at current levels for a target of
Booked profit @ 258.50
Booked profit @ 1076
Research Team Tel: 022 - 39357800
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