Go Long with Ajanta Pharma for swing trade
Aggressive Traders can go long with Ajanta Pharma at CMP around 1300 with SL around 1250-1260 and target 1330, 1400 and final target around 1440-1460.
It may consolidate near 1460 for few days before next move.
Conservative traders should enter near 1190, if get chance, with SL around 1140. Target depends on next price action. Same targets can be considered if major selling pressure is not seen before reaching to entry point (1190).
DISCLAIMER:- I'm not SEBI Registered. Ideas shared here are my personal view and not to take trades, these are for educational purpose only. Please consult your investment/trading advisor before taking any position.
It may consolidate near 1460 for few days before next move.
Conservative traders should enter near 1190, if get chance, with SL around 1140. Target depends on next price action. Same targets can be considered if major selling pressure is not seen before reaching to entry point (1190).
DISCLAIMER:- I'm not SEBI Registered. Ideas shared here are my personal view and not to take trades, these are for educational purpose only. Please consult your investment/trading advisor before taking any position.
Trade active:
First Target Achieved
Trade active:
Second Target Done