Ajanta Pharma is near a strong resistance level. There is a heavy supply zone in 1600-1650 levels and scrip has tested these levels multiple times in past occurrences. Only on one occurrence, it crossed the zone with volume and attained above 2000 levels Now It has entered into the same zone again & This time supported by heavy volumes as well. The stock has...
Ajanta Pharma has formed a flag pattern. Possible Target of 1882 in 17-18 trading sessions. Strong volume increase, breakout on MACD & RSI gives signals for upside target. Price breakout on 10 & 21 DEMA. T1=1590; T2=1882 SL=1110
TREND ANALYSIS & TRADE SETUP Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX. Wait for entry setup, if available then Long/short. R:R is 7-10 times.
TREND ANALYSIS & TRADE SETUP Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX. Wait for entry setup, if available then Long/short. R:R is 15 to 20 times.
Ajanta Pharma (ajantpharm) (weekly) has given breakout. Stock will remain positive till it stays above the trendline.
Ajantha Pharma- Short Term Buy above the resistance line Target 1- 1150 Target 2- 1400 SL-810
clear indication of supply zone of stock. can short here for the tgt of 940, 880 & 840 NSE:AJANTPHARM
Buy for Target 940-980 SL 865
AJANTA PHARMA Trades using Blue Sky Plus Indicator. Message or Comment to get a free trial of the indicator.https://www.tradingview.com/script/lqS4a5pU-Blue-Sky-Plus-Day-Positional-No-Repaint-with-Alerts/
AJANTPHARM (Ajanta Pharma Ltd) BUY ABOVE 1183
better to stay long on dip in the counter , looks set for a 50% or more upside ! in couple of months !
Stock is showing positive signs at support. It may breakout at around 1380 to give much better levels