Ranbaxy

Ranbaxy 

According to Gann Theory Ranbaxy is a buy from 326 to 309 because this whole zone has multiple supports for this counter. We will initiate buy in Ranbaxy when these levels comes.

Also there is a +WW in Ranbaxy weekly. Ranbaxy is surrounded  by a support zone right now (see the attached chart). According to Wolfe Waves Theory a buy can be initiated from 340 levels with stop-loss @ 335 on closing basis.

According to my experience Ranbaxy is a buy from 340 to 309 levels. Every dip till 309 is a buy.

We will accumulate it from 340 till 309 with stop-loss @ 305 on closing basis.

Targets are 322, 340, 365, 380-386, 397, 415, 469, 484, 527, 555, 575, 660.

Gann Chart

+WW Chart