Saturday 8 August 2020

Nice Buy Setup in Midcap Pharma Stock

 Ajanta Pharma Ltd

Ajanta Pharma is primarily involved in development, manufacturing and marketing of speciality pharmaceutical finished dosages



1. Stock Broke out 2018 high #CupHandle Pattern
2. Trading above 200Sma
3.Company is virtually debt free.
4.Company has a good return on equity (ROE) track record: 3 Years ROE 20.82%

Buy near 1575/1525 SLCB 1435 TARGET 2050+  

OR 

BUY ABOVE 1735 SL1620 TARGET 2050+ 

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