AJANTPHARM trade ideas
Buy Today Sell Tomorrow: AJANTAPHA for more than 5%DON'T HAVE MUCH TIME TO TRACK TRADES?
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
Now why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall.
AJANTHA PHARMA ITS TIME HAS COMEDISCLOSURE
This is only for educational purpose
This is not a recommendation
I am not SEBI registered
Do not TRADE/INVEST basis what I publish here
I am not responsible for your loss or gain
It is prudent to assume that I have ulterior motives in publishing this Idea
I and my clients might or might not have a position, I and my clients might or might not have a opposite position
VIEW :-
ROUND BOTTOM BREAKOUT AND RETEST DONE, WAIT FOR ONE GREEN CANDEL AND ENTER
AJANTA PHARMADISCLOSURE
This is only for educational purpose
This is not a recommendation
I am not SEBI registered
Do not TRADE/INVEST basis what I publish here
I am not responsible for your loss or gain
It is prudent to assume that I have ulterior motives in publishing this Idea
I and my clients might or might not have a position, I and my clients might or might not have a opposite position
Area of ConfluenceConfluence occurs when multiple ideas or strategies are used together to form a single, coherent idea or strategy.
concept behind the above mentioned trade is
The horizontal support trader, trend line support trader and 50 Ema support traders will push the market up
When is the right time to enter the trade
We have to wait for the current minor trendline to break( minor trend line mentioned in the chart)
once the minor trendline is broken there is a high probability the price will go up
Note:
Its just my point of view, Please recheck and enter the trade with proper risk management.
Also I have attached the links of similar trades that I have taken based on this idea