spsinghsan

Long Ajanta pharma Daily chart

Long
spsinghsan Updated   
NSE:AJANTPHARM   AJANTA PHARMA
Comment:
stock touching major resistance line 3rd time in one month . Any close over 1650 will put the stock for 1720 move
Comment:
30-oct-stock close to two support trendlines and above 50 ema .If consolidates above 50 ema then long .close above 1600 will take stock to next level of 1630-1640
Comment:
30 oct buyback announced @ 1850. Still not picking up as 2019 buyback was 1:13 ratio for price of 1300 mkt price 1000. Not good buyback price.
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