AJANTA PHARMA – Educational Chart Breakdown

AJANTA PHARMA – Educational Chart Breakdown (SEBI Reg. INH000019886 | For Learning Only) A classic Inverse Head & Shoulder breakout with strong follow-through. Price has cleanly broken above the neckline with expanding volume — confirming trend reversal strength. 🔍 Key Technical Highlights: • Clear Left Shoulder – Head – Right Shoulder formation • Breakout above neckline with sustained bullish candles • Price riding upper Bollinger band → strong momentum • MACD & RSI both supporting the breakout structure 🎯 Edu Levels: • Support: ₹2,565 • Neckline Retest Zone: ₹2,600 • Measured Target: ₹2,900 – ₹3,000 📈 Summary: As long as price holds above ₹2,565–₹2,600, the pattern remains intact. Structure bias stays positive towards the projected ₹2,900+ zone. ⚠️ Educational purpose only. — AALGO BREATHS