Weekly chart of Aurobindo Pharma Limited

1️⃣ Chart Structure After the peak in 2024 (~₹1550), the stock corrected and formed a large rounded base (cup structure) through 2025. Key observations: Bottom formed near ₹1050 Gradual recovery with higher lows Price now testing major resistance near ₹1270–₹1280 Your chart shows the breakout happening above ₹1273. This resistance has held for almost 1 year, so breaking it is significant. 2️⃣ EMA Structure (Bullish Alignment) Indicators on your chart: 26 EMA 52 EMA 225 EMA Current structure: Price above 26 EMA 26 EMA above 52 EMA Both well above 225 EMA This shows: ✔ Long-term trend intact ✔ Momentum returning 3️⃣ Cup Pattern Target The cup depth roughly: Resistance ≈ 1275 Bottom ≈ 1050 Depth ≈ 225 points Projected breakout target: 1275 + 225 ≈ ₹1500 Which is very close to the ₹1500–₹1570 zone shown in your projection. 4️⃣ Key Levels Breakout Level ₹1270 – ₹1280 Support Zones ₹1210 ₹1180 (52 EMA) ₹1150 Targets ₹1380 ₹1450 ₹1500 – ₹1570 5️⃣ Trade Strategy Aggressive Entry Buy near ₹1280 – ₹1315 Stop Loss: ₹1210 Targets: T1: ₹1380 T2: ₹1450 T3: ₹1500+ Safer Strategy Wait for retest of ₹1270. If price comes back and holds above that level, it confirms breakout strength. 6️⃣ Additional Bullish Signals Three important signals in this chart: 1️⃣ Rounded base formation Indicates institutional accumulation 2️⃣ EMA squeeze breakout Momentum expansion likely 3️⃣ Pharma sector strength Many pharma stocks are starting new cycles. 7️⃣ Bigger Picture Target If the breakout sustains: ₹1500 → first major target ₹1570 → previous major supply zone ₹1650+ → possible extended move