Ajanta pharma - bullish triangle

8 de ago. de 2020

This chart shows the consolidation face of AJANTA PHARMA after a power move. So we expect another power move if it brakes the current resistance level.

• Wait for the breakout.
  
• Confirm it is clear breakout with volume.
  
• Buy with the help of technical indicators like macd, moving average, pivot points etc
  
• Or you could wait for a retracement and buy at retracement (if it happens)
  

Beware : Please keep in mind and stay away from False Breakout Traps.
Also this is not any recommendation. Trade at your own risk.

8 de ago. de 2020

Nota

Please also note that this is an NR7 Candidate. So take entry accordingly

11 de ago. de 2020

Trade fechado: objetivo atingido

clear breakout followed by a retracement. retracement at support that previosly acted as support. this retracement will have a lot of buying opurtuinities i guess