This is strictly on intraday basis.
Aurobindo Pharma
AUROPHARMA
appears to have topped out on 15 min chart around 577 levels. The stock is struggling around 575 levels.
I can see a negative divergence here with price coming down slowly.
Good opportunity to short if it stays below 575 for a first target around 559 levels.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.