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AakashRKothhari
Oct 1, 2017 1:40 PM

head and shoulders formation in Ajanta pharma Long

AJANTA PHARMANSE

Description


A clear long term head and shoulder formation right shoulder formation pending may or may not complete the pattern and break the neckline 'Important support near 1000 levels.
Comments
rubixqube
Looks like it will now complete the right shoulder after all. Good analysis bro! Where to after the completion of the right shoulder at 1125? Up or Down? Thnx
AakashRKothhari
@rubixqube, minimum downside upto 800 if breaks below neck line
rubixqube
@AakashRKothhari, What do you think, will it break 1125 based on other indicators?
rubixqube
@rubixqube, Closed at 1102. How does it look ?
AakashRKothhari
@rubixqube, now its good time to enter as on today 8 th june sorry but i am not regular on this site
rubixqube
@AakashRKothhari, Brother, it already jumped a lot today? still a good buy at 970-980 ?
AakashRKothhari
@rubixqube, yes maybe but i would prefer sunpharma and lupin over it
rubixqube
@AakashRKothhari, I like Cadila, have a look at the charts, both technically and fundamentally it is ripe for up move
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