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AJANTPHARMA - On Breakout

Long
NSE:AJANTPHARM   AJANTA PHARMA
Good bounce from the support level and about to break out from 4 months of consolidation.
SRT - level is also bouncing from 0.7 levels to 1.0
The past couple of days - strong committed volume with Effort move Up can be seen.

ADX is rising, just out of Squeeze.
Closed Bullish Engulfing

The weekly trend is turned from -ve to +ve.
Daily Close above 20-SMA
Weekly close above 20-SMA


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