High Probability Trade - Ajanta Pharma

2019년 1월 18일

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

2019년 1월 21일

노트

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.

2019년 1월 22일

노트

Target 1 Achieved

2019년 1월 23일

노트

Looks like heading for 1140 to complete triangle.

2019년 1월 23일

노트

Bounced off support n clear breakout

2019년 1월 23일

매매 수동청산

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.