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NeeteshJain
Nov 29, 2016 7:50 AM

Ajanta Pharma Breaks Above Ascending Triangle Long

AJANTA PHARMANSE

Description

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
Comments
dev_trader
Superb. Ascending triangle was perfect :)
NeeteshJain
@dev_trader, Yes, it did perform well, thanks, Regards
justDSingh
Great call.Keep it up.
NeeteshJain
@justDSingh, Thanks, Regards
justDSingh
@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!
anupminj7
GOOD GOING
have to learn much from you
NeeteshJain
@anupminj7, Sure, most welcome. Thanks, Regards
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