Ajantha pharma which is trading near a weekly trend channel limit, if finding trouble to cross the flipped supported. last day candle is bearish engulfing candle. so any thing below the low can be shorted with sl above the high for the trendling bottom.
Very good risk reward possible.
Colpal Trading near Monthly TL support is expected to have completed WX/AB waves of correction as Elliot Wave.
Now 1033 high is key for longer term bulls. any close below the monthly TL support which is near a small demand zone too, should trigger Monthly TL-2 target and Weekly TL tgt.
SL above 1033 longer term
shorterm players should wait for a retracement r...