AJANTPHARM trade ideas
Waiting For Triangle Breakout ✌✌This scrip is ready to Fly within 2 To 3 Days as it is forming Triangle Pattern. Let's guys kindly keep on your radar expecting Breakout.
Breakout and retestThe stock has tested resistance level multiple times. Broke it, now retesting.
Can be bought at current levels or post-breach of 2047 for possible targets of 2122/2191
Note: Educational purpose
AMRUTANNANFor Educational purpose Not for trade Details On Chart
weekly break out and retest stop loss jst below last candle low
Ajanta Pharma - CMP: 1947 "A Love Story"It has given Wedge Pattern breakout on the daily chart. ADX also indicating strong upside movement expected. RSI also confirming the continuation of the bullish movement. We can expect price movement up to 2365 as the target of Wedge Pattern.
AJANTAPHARMTrading in a range and Inverted H & S Pattern in development. If Nifty and Bank Nifty falls in coming days, pharma index is rise.
FY21-22 Swing Trade Idea #9 : Long on AJANTPHARMThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
Inverted Head & Shoulder | Ajanta PharmaAll Levels are mentioned in the Chart. Make sure to keep your Risk Management in check.
Question on Ajanta PharmaIt created lot of Doji's, Very volatile during the day
Anyways , For medium term remain bullish till trading within Pith fork
Breaking down may bring weakness.
Use Pithfork for future support and resistance
AJANTHAPHARMA 1D analysisAjanthapharma is getting quiet a bit of support and resistance while forming a triangle pattern
The stock is clearly i an uptrend and It's currently defending the support
if it defends the support then it's likely to reach the resistance level i.e.1880-90
I'm not a SEBI certified analyst, This analysis is solely for educational purposes..
ajanta pharmaso safe trader should exit now and enter again if it breaks 220-2300 lvl in weekly time frame
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so much compression is there and it is going to bump with supply zone where so many selling orders are waiting
and also 7th wave will be completed there and then for 8th wave it will fall to the fresh zone near 750
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if some thing changes i will update
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thanks....
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Ajanta pharma LongAjanta pharma,1 DTF,almost taken support at bottom of channel pattern. Ready to move upward, keep watching
Positional Long on Ajanta PharmaBuy @1796 with SL 1734 for Target of 1919
Buy only on mentioned level @1796
ajanta pharmaa good share with price action trade for 27-1-21
share is taking continous support at 1700
52 week high is 1840
intiate long if it touches 1700
if crosses 1800 can hold till 1820-1830
AJANTA PHARMA - LONG SWINGInverted Head & Shoulder pattern on 1hr time frame.. looks good for swing long trade..
AJANTA PHARMA 1840 SOON !!IT GAVE SYMMETRICAL TRIANGLE BREAKOUT + RETEST DONE !!
POSSIBLE TARGETS ARE:
1) 1840
2) 2030
Feel Free To Ask For Any Technical/Fundamental Query
Comment Down Below
Educational Purpose Only.
AJANTA PHARMA - Bullish for 1889Chart is self explanatory.
Note - This is only for educational purpose.
AJANTAPHARMA - Rectangle & TrendlineA rectangle & a trendline breakout on Daily Chart of AJANTA PHARMA. BUY 1725.10 -> 1780, 1810-20. SL TBD when it crosses 1725, most probably though it'll be around high 1600s. But still, it'll be quite prudent to review it at the time of breakout. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
