Ajanta Pharma has been in a medium term downtrend, which is expected to continue. In Short Term, it is making a traingle, with support around 1128, Target could be 1171/1195/1292 with SL 1125
ノート
Still holding on the lows of 18th Jan. One can buy with sl below 1125. Expecting to break triangle on upside. Then a break of trendline, as overall pharma sector seems to be bullish going ahead.ノート
Target 1 Achievedノート
Looks like heading for 1140 to complete triangle.ノート
Bounced off support n clear breakout手動でトレードを終了しました
Target 2 almost achieved and stock fell along with index even breaking the triangle support. Better to avoid this stock unless breaks the trendline near 1200 with an impulse. Will post a new chart once things are clearer.
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免責事項
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.