Ajanta Soya a low performing share. Given a break out on daily chart and positioning of confirmed Hammer at 22 price on weekly chart. This is a fundamentally poor company so risk is high, on Ichimoku looks sound now. Time frame would be 3 years maximum, target must be achieved. Stoploss is 21.50 Rupees.
I am not a SEBI advicer. This analysis is for my own trading purpose and educational basis.
I am not a SEBI advicer. This analysis is for my own trading purpose and educational basis.
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Trade closed at 38 yesterday. Market at risk.