AJANTPHARMNSE:AJANTPHARM
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Ajantapharma
AJANTA PHARMA SHORT TERM SWING TRADE!Hi everyone, Ajanta pharma short term swing trade consider buy above 2,240 target 2,395 & 2,435 stoploss 2,165.
LOGIC BEHIND TRADE : Stock is trading range bound soo buying on support and selling at resistance & can consider buy on support 2,117-2095 stoploss 2,080. Looks good for short term swing trade & best thing to do in range bound stock. Double conformation from Rsi if crosses 63 can hold stock until Rsi level 74. NSE:AJANTPHARM
Ajanta pharmaHello!! its Ajanta pharma now...... mmmm I personally don't like pharma stocks much but this looks good and it is in a rangebound condition for now and the red bold red lines are very good resistances and supports ....... if it breaks the resistance some rally of 100-200 pt.s can be seen. #my_view #learner
AJANTA PHARMA: What Should You Do?This stock is at a very crucial level. Having already formed a major Head & Shoulders pattern, stock may again form an internal H&S if it retraces from here and we may see great falls. However this is just a possibility and if it manages to cross 1175 on closing with volume, stock may give upside move towards 1300. Stay alert and pick the right side!