Auro Pharma Buy in dips
CMP: 273.30
Tgt: 285-288
The daily candlestick chart of Auro Pharma shows a decline from Rs.313 to Rs.260.
Once again it is near the support around Rs.260. Any decline should not decisively
break Rs.256 for a pullback to Rs.285-288. High risk traders can buy in dips with a
strict stop loss below Rs.258 in close. A decisive break of Rs.256 would continue the
downtrend. Holding period is 7-8 days.
* It’s a high risk call trade in cash and in small quantities.
Bharti Airtel Risky
Buy 740 calls in dips
CMP: 31.80
The daily candlestick chart of Bharti shows that it is near the support line of channel
in orange. Strong support is pegged at 692-700 which if holds can test Rs.745-755.
High risk traders can buy Bharti 740 call in declines with strict stop loss
below Rs.15 in close for a target of 45-50. Holding period is 10-12 days.
* It’s a high risk call trade in small lots.
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