Go long on Ajanta Pharma
#AJANTAPHARMA Nice rectangular bottoming formation for over 3 months has given a BO today. Immediate target is 1420 where the down trendline and 200 DEMA meets. If it breaches, then target can be higher
Trade closed: target reached
1420 is a strong resistance area where down trendline and 200 DEMA meets. Booked out at 1400 today. Will renter on declines
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.