Enter long Above 1172 Target 1180 & 1190 Sl 1161
AJANTAPHARMA completed the multi year -head and shoulders and is retesting the neckline. Awaiting for a breakout / reversal on account of results today.
Ajanta Pharma Long swing trading for 1190/1230/1330
Ajantpharm coming back to retest the neckline of HnS shoulder it broke few weeks back. If that holds true one can short it near 1120-1130. On hourly close above this one can see 1200-1260-1300 level.
Formation of Symmetrical Triangle with an indicator of receding volume increases the probability of the breakout. False Breakout occurred.
Enter Long Above 990 Target 996/1007/1014 SL 983
Based on my PredictiveSystem's signals, its going to be a RED candle on 31-May-2018 for AJANTPHARM Sell Below: 982.5 for targets - T1: 975.1 T2: 970.7 T3: 966.1 SL: 990.4 Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before...
Hi All , No naked put/call /buy /sell , no over leverage and buying of 5-10 lots , just stick with following STRAP strategy lot ratio. Buy 1050 May call 2 lots @ 48/49 Buy 1050 May put 1 lot @ 32 call put ratio is 2 call , 1 put i.e 2:1 (Dont violate this like 3:1 or 5:1) Execute folks , execute. Even we get 20 point upmove we will get good returns ,...
AJANTPHARM has been facing resistance at the channel top and upside looks capped. Those who went long its time to book partial profit and hold rest of the position with SL below 1520. AJANTPHARM test the channel median and bottom in the days to come.
It has been observed that the price action was deeply pushed down without much change in the fundamentals of the company. It may just be called as healthy correction and now the correction reached to a strong support zone which has been previously tested, therefore there is high possibility that the buyers will come at current levels and will further control over...
I'm expecting downside move in Ajanta Pharma, if your trade setup also confirms the same, check with your risk n enter !
Took support at shown level. Go long at this level or on dips if possible. Target - 1809 Stop loss - 1709
Ajanta Pharma has been trading in downtrend channel, it has been approaching towards support of channel 1611 in near term as 50% fibo level 1st target.
Aanta Pharma has been trading in down trend in a channel it retesting the channel resistance,traders may enter short with a target of 1660 in near term as 50% crucial fibo level.