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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:
     
    sanjay_sansanwal, Aug 1, 2012
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  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
     
    sujan4bw, Aug 1, 2012
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  3. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Thanks for ur kind suggestion sujan.
     
    sanjay_sansanwal, Aug 1, 2012
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  4. shabbir

    shabbir Administrator Staff Member

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    Yes you should but make a strict stop loss of 680 if not 695
     
    shabbir, Aug 1, 2012
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  5. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Shabbir what happened to Ajanta pharma down 49% today only.
    Is this trap.
     
    sanjay_sansanwal, Aug 9, 2012
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  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.
     
    shabbir, Aug 9, 2012
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  7. shabbir

    shabbir Administrator Staff Member

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    It is a split and searching for news found this
     
    shabbir, Aug 9, 2012
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  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.
     
    sujan4bw, Aug 9, 2012
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  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?
     
    sanjay_sansanwal, Aug 9, 2012
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  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.
     
    shabbir, Aug 9, 2012
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  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.
     
    sanjay_sansanwal, Aug 9, 2012
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  12. shabbir

    shabbir Administrator Staff Member

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    It would be doubled so no need to worry about that.
     
    shabbir, Aug 9, 2012
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  13. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    yeah confirmed by my broker.
    Thanks alot actully I got shocked.
     
    sanjay_sansanwal, Aug 9, 2012
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  14. shabbir

    shabbir Administrator Staff Member

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    Great to see that :D
     
    shabbir, Aug 9, 2012
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  15. sujan4bw

    sujan4bw Member

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    Have you shares got doubled ?
     
    sujan4bw, Aug 10, 2012
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  16. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Not yet, I think it will on monday.
     
    sanjay_sansanwal, Aug 10, 2012
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  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.
     
    shabbir, Aug 10, 2012
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