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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.

Showing technical analysis as on 2024-03-02 View latest technical analysis

10 day averaged volume of Ajanta Pharma is 92414

Date	Daily Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	2139.25	2140.00	2179.00	2120.00	0.04 times
01 Fri Mar 2024	2126.85	2219.60	2220.30	2110.10	1.688 times
29 Thu Feb 2024	2208.00	2064.35	2245.00	2015.05	2.803 times
28 Wed Feb 2024	2085.15	2126.00	2129.55	2070.85	0.484 times
27 Tue Feb 2024	2122.55	2139.90	2151.15	2116.00	0.278 times
26 Mon Feb 2024	2141.90	2136.95	2152.80	2100.00	0.842 times
23 Fri Feb 2024	2125.85	2130.60	2135.00	2112.35	0.656 times
22 Thu Feb 2024	2120.00	2119.40	2135.00	2105.35	0.346 times
21 Wed Feb 2024	2113.10	2128.00	2156.70	2099.65	0.769 times
20 Tue Feb 2024	2115.40	2145.95	2150.20	2103.80	0.773 times

My analysis of stock is bearish for shortterm, and stock might move down till 2107.6 or till 2052. Use a stoploss of 2153.97 and if the stock hits stoploss, then it can shoot up till 2200.31

Share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Target	1750.00
Downside Target	1850.25
Downside Target	1995.95
Downside Target	2099.65
Upside Target	2178.00
Upside Target	2200.00
Upside Target	2220.30
Upside Target	2245.00
Upside Target	2300.00
Upside Target	2319.75
Upside Target	2353.95

Intraday share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Intraday Target	2021.2
Downside Intraday Target	1903.15
Upside Intraday Target	2251.15
Upside Intraday Target	2363.05
Downside Intraday Target	2133.1

Weekly technical analysis of Ajanta Pharma (AJANTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	2139.25	2136.95	2245.00	2015.05	1.571 times
23 Fri Feb 2024	2125.85	2178.00	2178.00	2099.65	0.765 times
16 Fri Feb 2024	2152.45	2178.50	2200.00	2110.05	0.494 times
09 Fri Feb 2024	2166.05	2179.25	2319.75	2135.10	1.496 times
02 Fri Feb 2024	2168.40	2185.05	2300.00	2100.00	4.237 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
02 Sat Mar 2024	2139.25	2219.60	2220.30	2110.10	0.06 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
29 Fri Dec 2023	2083.65	1986.60	2100.00	1850.25	0.707 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Ajanta Pharma ( (AJANTPHARM) ) based on a mid to longer 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.

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

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

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 BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 2149.52 and Ajanta Pharma (AJANTPHARM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 negative.

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