AUROPHARMA, BEHAVIOUR OF SUPPORT & RESISTANCE (CHART# 328)
Support & Resistance zone are inter-changeable. Levels which acted as support can act as resistance in future and vice versa. Same is very much highlighted from this AUROPHARMA chart where 850-855 acted as support multiple times and now acting as resistance multiple times. Above 855, AUROPHARMA can move up. Keep on your watchlist.
Check my previous charts to understand few basic things that we have to see for price action based analysis. Happy learning & earning.
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