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Monday, August 1, 2016

Equity Technical Pick 01 August 2016











Aurobindo Pharma (Cash/Fut) Looks Superb in charts.


Resistance intact at 820 and Support intact at 780.


Consecutive closes around 800 level will make a case for upside move if Level are sustained and breached positively.


Above 820 its positionally strong if level are positively breached and sustained for consecutive session.



Fundamemntals



FACE VALUE: 1.00
EPS :33.87
P/E:23.73
Industry P/E:27.77
Dividend Yield:0.56%

Price/Book:8.83







More will update soon!!