Ajanta Pharma Breaks Above Ascending Triangle

It is been observed on the hourly chart that the price action breaking above an Ascending Triangle formation, indicating a bullish signal ahead. It has broken the previous resistance levels of 1830-1840 which also indicates and confirms a bullish signal ahead. The target is been measured as per the triangle formation guidelines which also confluence with the another resistance levels at around 1940-1960 levels.

Target1: 1880
Target2: 1940
Stoploss: 1800
Trade active
Trade active
Trade closed: target reached: Target 1 reached successfully. Regards


Superb. Ascending triangle was perfect :)
+1 Reply
NeeteshJain dev_trader
@dev_trader, Yes, it did perform well, thanks, Regards
Great call.Keep it up.
+1 Reply
NeeteshJain justDSingh
@justDSingh, Thanks, Regards
justDSingh NeeteshJain
@NeeteshJain, The fact is I tried various paid subscriptions and lost big time.But now believe it or not am recovering my losses only and only by just trading on your beautiful calls.God Bless!
+1 Reply
have to learn much from you
+1 Reply
NeeteshJain anupminj7
@anupminj7, Sure, most welcome. Thanks, Regards
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