Its consolidating for a week. there is chance for big move up
AJANTPHARM looking bullish Above 1940 as on good Support as following Symmetrical Triangles Pattern & will touch 1990 n coming days
Ajanta Pharma - It has broken on weekly retested and has moved back now. Looking for a target of around 2700 with SL of 1700 and below. This idea is courtesy Darshit Patel. DISC: Not a SEBI Registered. I post charts for my own study.
Beautiful rounding bottom pattern is about to complete after 5 years. buy above 2130. it could double buy end of this year.
Technical analysis - (Daily) 1) Broke 1880 strong resistance and took support which is bullish ↗ 2) RSI in Bullish Range and took support on 60 level 3) Above 20 Daily EMA Short term Target - 2120 Medium term Target - 2600
stock has broken triangle with volume. we have seen poor selling recently, price is above 200 MA.
As you can see it has broken a range of last two months on upside and if it sustains above 1685, we can see it hitting 1720. After 1720, if it does sustainsl, then 1750 to be seen. ********************************************************************************************************************************************** Hi all, Its pleasure to have you all...
LOOKS GOOD TO SHORT BELOW 1509 FOR TRGT 1480/1440 WITH SL 1536
considering oversold parameter by Money flow and Relative strength index, it has good support at 150 SMA. 1500 is the best buying price.
Ajanta Pharma: Time to Buy: India A Profit & Solutions Strategy
Ajanta Pharma -- After a long Consolidation now expecting it to start moving up towards 1800 tgt. Dowjones up by 500 points as off now .. so with support of pharma rally and + ve overseas sign .. Looks good .