Saturday, December 09, 2006

Aurobindo Pharma swings up


Aurobindo Pharma (BSE code: 524804) has given a swing trade opportunity. After moving up from 570 levels to 670 the stock swing down for a day and has moved higher in past two sessions clearing 671 (CMP 678.25) clearly showing good momentum. Long positions can be taken with a target of 730. Stop loss for all longs is 640 on closing basis.

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