Observed a bearish breakout of the strong support line with good volume.The breakout happened with a gap of 0.9% and the volume also confirms.Both the RSI and the MACD confirms the bearish breakout and here the stoploss can be kept at the gap with a target equal to twice the risk taken.
AjantaPharm-Bearish Breakout
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Stock Analysis
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Bullish View
Bearish View
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The gap got closed a few days back and the entry got triggered today.