Ajanta Pharma Strong resistance breakout

AJANTPHARM

Ajanta pharma has given a strong breakout with increasing volume and in medium term it can give good returns. It has also crossed 200 days MA. Nifty pharma has corrected from 14000 to 12000 (almost 15%) and now recovering from bottom.
CMP - 1333
Target 1 - 1450
target 2 - 1550
SL - 1250

Disclaimer: This is for educational purpose only. Take advise from your financial adviser before investing.