Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-03-05 View latest technical analysis

10 day averaged volume of Ajanta Pharma is 107298

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	2104.40	2084.00	2126.90	2074.00	0.607 times
04 Mon Mar 2024	2073.20	2122.00	2149.85	2060.10	3.19 times
02 Sat Mar 2024	2139.25	2140.00	2179.00	2120.00	0.035 times
01 Fri Mar 2024	2126.85	2219.60	2220.30	2110.10	1.454 times
29 Thu Feb 2024	2208.00	2064.35	2245.00	2015.05	2.414 times
28 Wed Feb 2024	2085.15	2126.00	2129.55	2070.85	0.417 times
27 Tue Feb 2024	2122.55	2139.90	2151.15	2116.00	0.239 times
26 Mon Feb 2024	2141.90	2136.95	2152.80	2100.00	0.725 times
23 Fri Feb 2024	2125.85	2130.60	2135.00	2112.35	0.565 times
22 Thu Feb 2024	2120.00	2119.40	2135.00	2105.35	0.298 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2103.2 as stoploss in an intra day buy trade for a target of 2136.62. However, stock will show a bearish move below 2103.2.

Share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Target	1750.00
Downside Target	1850.25
Downside Target	1995.95
Upside Target	2149.85
Upside Target	2178.00
Upside Target	2200.00
Upside Target	2220.30
Upside Target	2245.00
Upside Target	2319.75
Upside Target	2353.95

Intraday share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Intraday Target	2059.72
Downside Intraday Target	2015.03
Upside Intraday Target	2149.47
Upside Intraday Target	2194.53
Upside Intraday Target	2104.78

Weekly technical analysis of Ajanta Pharma (AJANTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	2104.40	2122.00	2149.85	2060.10	0.719 times
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

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

Monthly technical analysis of Ajanta Pharma (AJANTPHARM)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	2104.40	2219.60	2220.30	2060.10	0.215 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Ajanta Pharma ( (AJANTPHARM) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Ajanta Pharma ( (AJANTPHARM) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Weak and stock is gaining momentum.

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

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. Bears 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 buy signal for Ajanta Pharma in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2126.99 and Ajanta Pharma (AJANTPHARM) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

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