AUROBINDO PHARMA - Price is bouncing from demand

⚡Price Analysis:
1️⃣ Stock is in bullish trend.
2️⃣ Price have hit the demand zone.
3️⃣ EMAs are also supporting the view.

✨ My Expectations:
➡️ RRR is favourable.
➡️ 1:3RRR minimum will be expected. Entered w/ 7% SL .
➡️ Expecting strong weekly candle closing for confirmation strength.
➡️ Overall market sentiment is weak so will stay cautious.

⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️

💬 Drop your thoughts below in the comments section if you liked this analysis!✌️

🔥Happy trading!✅🚀