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.
AJANTHA PHARMA 1HR BREAKOUT HAPPENAJANTHA PHARMA, DAILY AND 60MIN CANDLE GIVEN GOOD BREAKOUT. BUT THIS IS NOT FOR TRADE IDEAS OR INVESTMENT IDEAS. JUST EDUCATIONAL PURPOSE. ONLY.,
Ajanta Pharma Rectangle BreakoutAjanta Pharma breaks out of a month long rectangle.
Buy: Ajanta Pharma
CMP: 2074
Target 1: 2150
Target 2: 2200
Stop Loss: 2000
AJANTA Pharma - BreakoutAjanta pharma Rounding bottom breakout. Need to hold above 2100 on clb weekly candle.
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.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
Expecting Breakout ✌✌This scrip is following trendline perfectly so traders we can expect some move in coming days. So traders keep on your radar to catch the momentum.
Ajanta Pharma ready for Flag BONSE:AJANTPHARM
if sustain above 2015
we can see2060,2090, 2160, 2250
TF 25 days
sl1940
Ajanta Pharma 'Pennant Pattern' breakoutAjanta Pharma 'Pennant Pattern' breakout
Lookout for the resistance at Rs. 2050
#AJANTPHARM .. A Highly optimistic - long term viewAJANTPHARM has made a rounding bottom pattern over last 4 years.. Stock is finally trading just below neckline in a symmetrical triangle.. (clearly seen on daily chart)
Any bullish breakout (with Volumes) will most likely break both symmetrical triangle and neckline resistances. .which will be a very bullish move... However, it is also likely that it might get rejected and have a bearish breakout ... That would most likely lead to a handle formation over the next year or so..
I think it will be interesting to watch how this would play out..
Disclaimer: I do not know the future and neither do you .. We can only hypothesise based on what we see on the chart now.. Things might completely change in a month...
Expecting Breakout ✌✌I already Posted this scrip in this platform but yet not moved. But this time Again we expected to give reakout. So traders, keep on your and enjoy the profit.
