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    HomeNewsBusinessStocksBelow Rs 1700, exit Ajanta Pharma: Rajat Bose

    Below Rs 1700, exit Ajanta Pharma: Rajat Bose

    According to Rajat Bose of rajatkbose.com, one may exit Ajanta Pharma if it goes below Rs 1700.

    March 28, 2017 / 15:06 IST

    Rajat Bose of rajatkbose.com told CNBC-TV18, "Yesterday Ajanta Pharma tested 200-day exponential moving average for the fifth time since November. It goes down a bit and then bounces back but how many times it would do so before this demand is exhausted around 200-day exponential moving average is that remains to be seen."

    "My suggestion is that if it were to go below Rs 1,700 then you bailout of this stock otherwise stay invested because for a long-term investor maybe it pays to remain in that space," he added.

    first published: Mar 28, 2017 03:02 pm

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