AJANTPHARM trade ideas
AJANTA PHARMA BREAKDOWN!! CAN ACHIEVE 1%??AJANATA PHARAMA today gave a good sign for short sell , as it is crossed my trend line.
one can go for short sell , for a gain of 1% target can be 14011402-1395+.
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Ajanta Pharma Trend Analysis & Trade Setup !!TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
R:R is 7-10 times.
Higher Highs in AJANTHA PharmaThis is making Higher highs on daily charts from Jan-2020, currently stock is near to it's resistance zone, either it could consolidate or rally further between this resistance and support levels, since stock has made a gapup near to its support zone, which may eventually retrace it. Support and resistance levels were mentioned in chart.
Broke out Falling wedge and pending Head and Shoulders breakoutAJANTAPHARM was in long term downtrend and in process of reversal right now confirmed by breakout + retest of falling wedge. Now it is forming HnS pattern. Once it breaks out of Hns Pattern it can go up for long term. Current bullish market sentiment also supports this