AJANTPHARM BO of TL and Swing..Has come out of VAH after getting support at POC. Price may just test the VAH and go up further.
In addition, trend line is RSI is broken. This further helps for retest and to up further.
AJANTPHARM trade ideas
AJANTPHARMA forming a CHANNEL pattern buy at 1638I will go LONG on AJANTPHARMA because:
The price is forming a Chanel Pattern .
The price is also under Support/Resistance zone.
It has touched the support (lower end of trendline ) and may reach the resistance zone (upper end of trendline ) .
Target would be the Resistance area . Book profit when it reaches the resistance zone .
Entry - 1638/1578
Target - 2006
Stop loss - 1539
Long in AJANTPHARMGood breakout from pattern. Good to go long if candle close above 1700 in daily TF .
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
AJANTA PHARMAAjanta pharma is looking strong now and should breakout now.
The immediate target is looking at 1758 in about two weeks time.
You can write to me for short and long terms ideas of good stocks.
this is just for educational purpose only.
ajanta pharmajust closed above trend line
At strong support
50 ma above 200ma suggests uptrend
long wicks at downside shows price rejection
buy buy on 15 min candle close above 1685 sl 1580 target 2000
disc : it's not an advice to buy or sell
Taking very good support and resistence , it has the good potentTaking good support and resistance, and other indicator giving the signal for shorting
NSE:AJANTPHARMDISCLAIMER : . I am not a SEBI Registered analyst.
All chart analysis I publish are educational and information purposes only
Educational view / Expecting this / AjantpharmaBuy At 1542.00
Stop loss 1501.00
Targets -- 1st 1600.00
2nd 1633.00
3rd 1697.00
Consult with your financial advisor with broker before taking any trade
Triangle Pattern BreakoutThere has been a breakout from triangle pattern on daily chart. Go long@1526 for target 1700 with SL at 1589.
