AJANTPHARM trade ideas
Chart of the Week: Ajanta PharmaThis week Ajanta Pharma had a weekly breakout and also had a multi year breakout. This may be beginning of a very long bull run into this stock for next several years. Someone may buy at current price with SL of 1989 for next 8 - 10 years for multi fold returns.
Disclaimer :
Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical charts and for educational purpose only. Please do your analysis before taking any trades given by me. I MUST not be held responsible for any profit or loss out of any trades you take on our advice. All Disclaimers Apply.
Ajantapharma - Will it reach All Time High?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
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Please stay safe. Happy Trading!
Regards,
Segan
wxyxz last leg of 3rd correction z!!!get longstock is moving in side-ways making triple correction during the process.
current structure:wxyxz triple correction.
current leg:C leg of third correction z
longs can be initiated above 1970,with a stop-loss of 1910 on the downside on 2 hr candle closing, with a target of 2100.
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