The EUR$ trend is just about being defined. It would be alot more easier to upload an update for EUR$ chart after NFP. But considering price proximity to the defining trend line, i thought it just might be okay to drop this update today. This is a typical trend line retest and should be an easy trade... wait for a confirmation of bullish momentum if trend line is taken to the upside, otherwise look to take a short signal on re-test. Happy Trading!
• Auropharma
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o Net profit up 29 % at Rs 781 cr
o EBITDA up 20 % at Rs 1,117 cr
o Margin at 25.2 % from 24.6 %
o Results were aided by strong growth in the US, EU and other growth mkts
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