Technical view by Nooresh |
HCL TECH and Aurobindo Pharma – Two Interesting technical charts Posted: 07 Jul 2013 10:27 PM PDT
-> A nice triangle formation with a breakout above 810-815 levels can give a strong move to 850/880 levels in the short term. -> Can be a buy on dips or in momentum above 810-815 sustaining. Stoploss 770.
Aurobindo Pharma -
-> In the short term on daily charts a breakout above 190-191 gives a target of 200-202 but the major consideration should be done once it starts sustaining above 205 -> A stock to keep watch. Above is a weekly chart.
Regards,
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