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Lovelesh Sharma

12th Aug · SEBI-Registered Analyst

Aurobindo Pharma Rounding Bottom Pattern Breakout

$AUROPHARMA is breaking out of a rounding-bottom formation, signalling a potential transition from accumulation to a fresh uptrend. The breakout becomes especially significant as price approaches and challenges its All-Time High around ₹1,658 — a decisive ATH breakout can trigger strong price discovery and attract momentum participation. Immediate support is around ₹1,607, followed by ₹1,584. Holding above ₹1,607 keeps the breakout structure strong, while a sustained move above ₹1,658 would confirm the ATH breakout and strengthen the bullish momentum.

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Screenshot 2026-08-12 085903.png
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