Ajanta Pharma Ltd – Bullish Breakout Near Resistance Zone

The stock is showing renewed buying momentum after a healthy consolidation phase, with price moving towards a key breakout area. 🔎 Technical Observations: * Strong recovery from recent lows * Higher highs and higher lows formation * Bullish candle near resistance zone * Momentum indicators turning positive * Buyers maintaining control above support 🔑 Key Levels: * Support: ₹3,082 – ₹2,966 * Major Support: ₹2,850 – ₹2,734 * Resistance: ₹3,199 – ₹3,315 🚀 Upside Targets: * ₹3,315 * ₹3,431 * ₹3,547+ 📉 Risk Scenario: A sustained move below ₹2,966 may weaken the current bullish setup and lead to consolidation. 📈 Trading View: 👉 Stock is witnessing fresh accumulation near breakout levels 👉 Sustained move above ₹3,199 can trigger further upside towards higher targets ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS 📊