AJANTA PHARMA NSE:​AJANTPHARM

One can look for short selling in Futures after the brake of the structure , and look to trail the stop and run the trade it will likely going down for a while

#AJANTAPHARMA CASH 14 JAN 2019 LOOKS GOOD ABOVE 1182.10 FOR 1189-1190/1198/1220 CMP 1174.5

AJANTPHARM (Ajanta Pharma Ltd) BUY ABOVE 1183

Ajanta pharma..crossed 200 dma and restested once and is facing resistance from the trendline.. break above trendline can make it bullish Info of zone in action in chart.. NOTE: this is my personal view only

#AJANTAPHARMA CASH 08 JAN 2019 LOOKS GOOD ABOVE 1190.25 STOPLOSS 1180 TGT 1198-1200/1218/1248 CMP 1172.80

Breach of 1155 support leves can lead to 1132 levels

Short below 1177 with SL 1206 T1 1169 T2 1164.2 T3 1153.65 T4 1147.5 T5 1141

buy on the levels only

mentioned on chart..

Short below 1169.65 with SL 1198.1 T1 1164.2 T2 1153.65 T3 1147.5 T4 1141 T5 1130.5

Levels mentioned in the chart!

Ajantapharma trade in good pattern In long term It's break out triangle patterns which one suggest good buying entry In other view bullish harmonic XABCD pattern final lag CD is on the way & also AB=CD where CD lag on the way All this level suggest that One can look for Buy above 1190 For the 1st target of 1240-50 Zone & 2nd target of 1295 With Stop loss of 1125

BUYING FOR 15 POINTS

Levels mentioned on chart..

short

Trading at important level

Sell Below

Daily and weekly indicators(MACD,ADX,CCI,RSI,PSAR) are showing positive signals. Daily ADX moving positive,Daily&weekly CCI positive crossover,weekly MACD cut may happen on upcoming weeks.These factors will help to achieve the target levels. Please refer chart for other details. Vijayaraghavan.K, Kovilpatti.