100% Upside Movement expected in Aurobindo pharma I Rock Star in upcoming future I Know The technical

 Aurobindo Pharma  technical analysis shows a generally bullish picture with several indicators pointing towards potential future growth. However, volatility is ticking up and upcoming resistance levels near 1100/1125 are factors to consider. Once the price crosses above the level, Aurobindo Pharma could give 2X return by the end of 2024.

Aurobindo pharma Technical Analysis 

Positives aurobindo  :

1. Bullish Crossover and Sustaining: MACD line crossed above the signal line on 19/12/2023  and has maintained its position, indicating potential upward momentum

2. Positive Breakouts: Stock price broke out of its recent consolidation zone on 21/12/2023  with strong volume

·    3.  New One-Year High: Bharat Forge reached a new high for the year on 26/12/2023  strengthening the bullish sentiment.

Aurobindo Negatives:

·        1. Volatility: The stock has been experiencing higher-than-average volatility in recent weeks, which could lead to sudden price swings.

·   2.   Resistance Levels: Upcoming resistance levels near 1100  and 1125  could pose challenges for the upward momentum.

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