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koolshanin
Dec 11, 2016 2:14 AM

AJANTHPHARM Price action Reversal 

AJANTA PHARMANSE

Description

Ajantha pharma which is trading near a weekly trend channel limit, if finding trouble to cross the flipped supported. last day candle is bearish engulfing candle. so any thing below the low can be shorted with sl above the high for the trendling bottom.

Entry 1857
SL 1930
Target 1595


Very good risk reward possible.
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