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Medium term Investment Stock: Buy Ajanta Pharma for target 486

By Bhaveek Patel Leave a Comment

Ajanta pharma (NSE code: AJANTPHARM), is one of the most outperforming stocks in the pharmaceutical sector. On weekly chart we have seen an excellent trading pattern, we see stock has been in uptrend and this has made us to look for only long positions. Here on the weekly chart, we have noticed a crossover on slow stochastic indicator which is a signal to buy into Ajanta Pharma stock around 390 ... [Continue Reading]

Buy DRREDDY Stock for Long Term Target as 1850, Support Seen on Weekly Chart

By Bhaveek Patel Leave a Comment

Dr. Reddy's Laboratories Ltd. was listed on NSE on 30 May 2003 since then the performance of this company has rocked this entire pharma sector. Looking at the daily chart we see there is some bearish pattern developed in this stock and we are sure that weakness is likely to come here and pull the stock southwards. Technical levels suggests that there is no support until 1360 level, so our ... [Continue Reading]

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