Stock to watch for 15th NOV
The stock has made all time high on 24 Oct 2017 and since then corrected to the level of 423 and now stock has taken support of 38.2% Fibonacci retracement support level and also formed resistance around 450-452 zone.
We recommended traders to buy GNFC above 452 level and target of 457-465 may achieved with a stop loss of 444
Ajanta Pharma is in consolidating phase from past 5 trading session above 25 days moving average and on Tuesday stock has shown buying movement which would further continue. RSI is placed at 57.29 level.
We recommend traders to buy Ajanta Pharma above 1242 and a target of 1255-1275 may achieved with a stop loss of 1230.