AJANTA PHARMA ON THE CUSP OF A MONTHLY TF BREAKDOWNAJANTA PHARMA may correct upto 2800 In the coming weeks. wait for it to complete a H&S PATTERN ON A 4 HOUR TIMEFRAME.a correction is long overdue on a monthly Timeframe. LOOK FIRST /THEN LEAP.Shortby abhinavsah70
Ajanta Pharma - A multibaggerAjanta Pharma is primarily engaged in development, manufacturing and marketing of specialty pharmaceutical quality finished dosages. It has business in India, U.S and other countries like Philippines, Middle East and Africa. Business Strategy and margin revival: - Three pillars: Smart product selection, superior formulation development capabilities, focused business segments. - Will focus on branded generic business and allocate more resources on product registrations, team, and launch of new products which will increase marketing expenses. - FY23 EBITDA margins were impacted from higher raw material prices, higher freight costs and US price erosion. Management expects it to climb back to about 25% in FY24. Some details of the company- Return on capital employed >30 AND Debt to equity <0.1 AND Net profit preceding 12months >500 AND Net Profit latest quarter >100 I am not a SEBI registered analyst. Please do your own analysis before investing. Do like and follow and share among your friends and family. Thank you.Longby ronak161251
AJANTA PHARMA S/R Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline. Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities. Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement. 20 EMA: The yellow line denotes 20 EMA, to interpret the 20 EMA, you need to compare it with the prevailing stock price. If the stock price is below the 20 EMA, it signals a possible downtrend. But if the stock price is above the 20 EMA, it signals a possible uptrend. Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.by zenthosh0
Review and plan for 31st July 2024Nifty future and banknifty future analysis, stocks to watch and intraday plan in kannada. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMTLong15:24by vinaysh0
AJANTPHARM LongIt has retested the breakout level. It fell hard yesterday but it sustained above the support level. Do analyze in the higher TF as well and decide what is to be done. Longby ARAVINDKUMAR240
flag patternflag pattern ..enter after breakout or enter between 1228-1265 level with 1221 as stoploss for a target of 1327 -----1370-------1390-------------1424Longby GoldboxTradeUpdated 1
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 purposeLongby CreativeCreatureUpdated 229
Ajanta Pharma-Nice breakout.Ajanta Pharma-Nice breakout. Capital to be deployed- 20k Price -1491/1505 Stoploss-1351 Targets-1791 #ajantapharma #nifty50 #NiftyBank #investment #StockMarket #StocksToBuyLongby Microcap_Investor1
Ajanta pharmaAjanta pharma double bottom breakout Long opertunity in ajanta pharme Longby dipeshkapadiya19840
AJANTPHARM - Weekly AnalysisIn the Weekly Chart of AJANTPHARM , we can see that, after retest it has given a strong pullback. possibilities are shown in charts.by JatinManani2
AJANTAPHARMA view above 1253AJANTAPHARMA view above 1253 Please follow strict risk reward and stop loss if you follow my levels... Charts for Educational purposes only Thanks, V Trade PointLongby vichithra0
Ajanta Pharma Strong resistance breakoutNSE:AJANTPHARM Ajanta pharma has given a strong breakout with increasing volume and in medium term it can give good returns. It has also crossed 200 days MA. Nifty pharma has corrected from 14000 to 12000 (almost 15%) and now recovering from bottom. CMP - 1333 Target 1 - 1450 target 2 - 1550 SL - 1250 Disclaimer: This is for educational purpose only. Take advise from your financial adviser before investing.by jeet20114
Chart of the week! Channel BREAK OUT.BUY at LTP. SL 2170.TARGET 2500.Book 50% Profit AT 2500.EXIT remaining 50% When PRICE closes below 50 EMA.HAPPY TRADING FRIENDS!Longby shararath76Updated 1
Ajanta Pharma : long : target 15%- R/R = 3 - AVWAP resistance at 2214 - RS +ve and trending up. - Pharma index getting strongerLongby InvestIn10Updated 0
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:AJANTPHARMLongby UnknownUnicorn309381780
Breakout with momentum Buy Ajanta pharma for higher targetBuy Ajanta Pharma at 2140 for targets of 2297 and 2492Longby MukadamUpdated 441
AJANTA PAHRMA - Breakout smart money breakout We have 1. Aroon crossover 2. 5*21 EMA crossover. The follow up should be bullish.Longby Ganand19120
AJANTAPHARM INTRADY ANALYSISFalling wedge as well as a previous impulsive move setting a higher high. Price is supposed to be taking support at swing high and achieving a big target after a reversal from target 1.Longby port01010
Ajanta Pharma Short Term BreakoutThe stock has broken out and retested the lower trendline and found support. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone and the Lower Trendline. The target is placed near swing high.Longby tradewidmufeeth0
AjantaBullish breakout nd pull back, rsi above 50, vol looks good, fib retrace,ent for profit bookingby tseringd1
ajantapharma 2/8/21fib retracement is playing out in this stock after good flag pattern if there are any bullish confirmation near 0.6 level try to enter the stock .it has good price volume expansionLongby rajanaveen19980
Ajanta pharmaAjanta pharma (NSE) has made a strong support & resistance pattern Also the green line is 6 year High of company which might break out in tenure of this yearLongby Dhiraj3216541