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...
VCP - Volatility Contraction Pattern by Mark Minervini Levels are mentioned on chart, please wait for close above resistance line. Disclaimer: I Am not SEBI registered
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...
Currently on a strong negative trend. Today's volume is lowest in past 1 Year - daily volume. 10-D/M/3M/6M/Y- Low Based on previous support -- possible to bounce back from the current level. Need to wait to cross 2035 and can see 2095/2180 levels -- This is my own idea/understanding & possible tukka 98% times.
Ajanta pharma touched its lower end of the support line, should respect it and go up.
Bullish flag breakout with very high volume in Ajanta Pharma Ltd.
Ajanta Pharma Long Setup. Buy Above 2364. With Stop Loss Of 2100. Target 2870. Never Risk More Than 1% Of Total Capital On 1 Trade.
Buying opportunity in AJANTAPHARMA. when it comes near 20 ema.
Ajanta pharma looks good for swing trade entry at 2340 CMP. SL of 2200 approx. Breakout of channel retest and continuation of trend can be seen on daily chart.
Ajanta Pharma breaks out of a month long rectangle. Buy: Ajanta Pharma CMP: 2074 Target 1: 2150 Target 2: 2200 Stop Loss: 2000
Ajanta pharma Rounding bottom breakout. Need to hold above 2100 on clb weekly candle.
All levels are mentioned on the chart. For educational purposes only.
Ajantapharma is forming a pennant pattern after a decent upmove Stock is in consolidation phase Expect the stock to reach ATH if the pennant is broken on the upside Target - 2113 Stoploss - As per your risk appetite If you like the idea, show your support by giving a like. Please stay safe. Happy Trading! Regards, Segan
NSE:AJANTPHARM if sustain above 2015 we can see2060,2090, 2160, 2250 TF 25 days sl1940
Ajanta Pharma 'Pennant Pattern' breakout Lookout for the resistance at Rs. 2050
AJANTPHARM has made a rounding bottom pattern over last 4 years.. Stock is finally trading just below neckline in a symmetrical triangle.. (clearly seen on daily chart) Any bullish breakout (with Volumes) will most likely break both symmetrical triangle and neckline resistances. .which will be a very bullish move... However, it is also likely that it might get...
VCP Pattern Sellers Absorption seen After breakout can head upto 2500 levels
It has given Wedge Pattern breakout on the daily chart. ADX also indicating strong upside movement expected. RSI also confirming the continuation of the bullish movement. We can expect price movement up to 2365 as the target of Wedge Pattern.