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(AJANTPHARM) Ajanta Pharma complete technical analysis [charts+indicators] | Buy/Sell Ajanta Pharma | (AJANTPHARM) share price targets

Complete technical analysis of Ajanta Pharma (AJANTPHARM) by charts plus indicators, forecast predictions and share price targets for Ajanta Pharma (AJANTPHARM)

Ajanta Pharma trades in NSE in Pharmaceuticals sector.

10 day averaged volume of Ajanta Pharma is 75106

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	2139.95	2130.80	2144.35	2125.05	0.472 times
24 Wed Apr 2024	2133.70	2150.00	2169.20	2127.10	0.929 times
23 Tue Apr 2024	2130.35	2100.00	2189.25	2090.45	1.308 times
22 Mon Apr 2024	2091.35	2085.45	2125.00	2079.95	1.843 times
19 Fri Apr 2024	2085.40	2078.85	2107.95	2069.15	0.459 times
18 Thu Apr 2024	2078.85	2064.40	2098.95	2055.50	0.745 times
16 Tue Apr 2024	2064.95	2098.50	2113.55	2051.60	0.702 times
15 Mon Apr 2024	2117.75	2112.10	2130.95	2070.00	1.079 times
12 Fri Apr 2024	2115.30	2151.60	2207.35	2107.15	1.062 times
10 Wed Apr 2024	2139.65	2150.65	2155.00	2130.00	1.163 times

My analysis of stock is bearish for shortterm, and stock might move down till 2097.8 or till 2026.4. Use a stoploss of 2157.32 and if the stock hits stoploss, then it can shoot up till 2216.81

Share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Target	1850.25
Downside Target	1998.35
Upside Target	2154.05
Upside Target	2189.25
Upside Target	2207.35
Upside Target	2311.95
Upside Target	2317.65
Upside Target	2319.75
Upside Target	2353.95

Intraday share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Intraday Target	2083.52
Downside Intraday Target	2027.08
Upside Intraday Target	2192.82
Upside Intraday Target	2245.68
Downside Intraday Target	2136.38

Weekly technical analysis of Ajanta Pharma (AJANTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	2139.95	2085.45	2189.25	2079.95	1.525 times
19 Fri Apr 2024	2085.40	2112.10	2130.95	2051.60	0.805 times
12 Fri Apr 2024	2115.30	2187.80	2207.35	2107.15	0.442 times
05 Fri Apr 2024	2181.60	2247.95	2311.95	2154.05	1.218 times
28 Thu Mar 2024	2230.85	2142.50	2317.65	2105.00	0.881 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Ajanta Pharma (AJANTPHARM)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	2139.95	2247.95	2311.95	2051.60	0.606 times
28 Thu Mar 2024	2230.85	2219.60	2317.65	1998.35	0.921 times
29 Thu Feb 2024	2208.00	2300.00	2319.75	2015.05	1.413 times
31 Wed Jan 2024	2174.25	2083.00	2353.95	2053.65	0.695 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Ajanta Pharma (AJANTPHARM)

Price action analysis of Ajanta Pharma ( (AJANTPHARM) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Ajanta Pharma ( (AJANTPHARM) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Ajanta Pharma ( (AJANTPHARM) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Ajanta Pharma stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Ajanta Pharma in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Ajanta Pharma Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Ajanta Pharma in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Ajanta Pharma is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2111.1 and Ajanta Pharma (AJANTPHARM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Ajanta Pharma (AJANTPHARM) stock. Volume based technical analysis of Ajanta Pharma (AJANTPHARM) stock is negative.

Ajanta Pharma Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.