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Ajanta Pharma

Discussion in 'Technical Analysis' started by sanjay_sansanwal, Aug 1, 2012.

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  1. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Ajanta is make higher top higher bottom from jan and made a ride from 300 to 740.
    can we buy at 750-755 with stop loss of 695.
    Need ur views.:confused:
     
  2. sujan4bw

    sujan4bw Member

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    Hi Sanjay,

    Wait till it crosses 765. you can buy in range of 765 - 768.

    Regards
    Sujan
     
  3. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Thanks for ur kind suggestion sujan.
     
  4. shabbir

    shabbir Administrator Staff Member

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    Yes you should but make a strict stop loss of 680 if not 695
     
  5. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Shabbir what happened to Ajanta pharma down 49% today only.
    Is this trap.
     
  6. shabbir

    shabbir Administrator Staff Member

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    49% in a single day is not possible unless it is a Nifty stock and so it could be either stock split or something.
     
  7. shabbir

    shabbir Administrator Staff Member

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    It is a split and searching for news found this
     
  8. sujan4bw

    sujan4bw Member

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    There is stock split in Ajantha Pharma today from Face value 10 - 5.

    At least that's the news on Ajantha for today.
     
  9. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    yesterday closing 732 and now cmp is 370. only 3000 shares are traded till now.
    What should I do?
     
  10. shabbir

    shabbir Administrator Staff Member

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    Don't worry because now your account will have twice as many shares as you had purchased but those shares may take some days to be in your account.
     
  11. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Yeah they have mentioned 10 th aug but today is 9th.
    and my shares should be double then but still it is showing 100 not double.
    I am confused.
     
  12. shabbir

    shabbir Administrator Staff Member

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    It would be doubled so no need to worry about that.
     
  13. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    yeah confirmed by my broker.
    Thanks alot actully I got shocked.
     
  14. shabbir

    shabbir Administrator Staff Member

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    Great to see that :D
     
  15. sujan4bw

    sujan4bw Member

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    Have you shares got doubled ?
     
  16. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Not yet, I think it will on monday.
     
  17. shabbir

    shabbir Administrator Staff Member

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    Instead of guessing the see the nse website and confirm what is the date of credit.