Ajanta Pharma Head & Shoulder patern on Weekly chartAjanta Pharma Head & Shoulder patern on Weekly chart and also its given breakout on monthly chart and its trading in uncharted teritory
AJANTPHARM trade ideas
AJANTPHARMA looks Sick, needs a SELL Medicine Making Lower high and Double Top with RSI Divergence.
5 Impulse waves have also completed and it may correct now. It also looks like a truncation situation here.
Overall, supply looks strong for now or you may say profit booking is in process, makes it sell for now.
T1: 1418
SL:1610
Risk/Reward: 1:5
AJANTA PHARMA SELL SETUPSIMPLE BUT VERY EFFECTIVE SELL SETUP ON DIS PAIR PRICE TOUCHED ITS RESISTANCE .ENTRY STOP LOSS AND TARGET GIVEN ON CHART.
HIT LIKE IF YOU ARE AGREE WITH MY VIEW & FOLLOW ME FOR MORE UPDATES AND IDEAS. I REALLY APPRECIATE THAT.
TRADE WITH CARE
REGARDS
KING999
