Ajanta Pharma - Head and Shoulder Pattern Setup

It is been observed on the daily chart that the price action forms a Bearish Head and Shoulder pattern where sellers are active in the market and put much pressure on buyers to push prices down. Now it shall further move down as the pattern indicates.

Target 1: 1800

Target 2: 1785

Target 3: 1760

Stoploss: 1920

Trade attivo

Trade chiuso: obiettivo raggiunto:

Target 1 and Target 2 reached successfully, Regards

Trade chiuso: obiettivo raggiunto:

All Targets reached successfully. Now reaching to support zone as marked. Regards