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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 2024-03-15 View latest technical analysis

10 day averaged volume of Ajanta Pharma is 128446

Date	Daily Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	2122.20	2124.60	2125.00	2092.00	0.354 times
14 Thu Mar 2024	2124.30	2110.70	2128.00	2075.00	0.656 times
13 Wed Mar 2024	2110.70	2096.90	2175.00	1998.35	0.957 times
12 Tue Mar 2024	2108.15	2109.15	2189.00	2080.00	0.366 times
11 Mon Mar 2024	2102.05	2094.80	2120.00	2069.30	0.938 times
07 Thu Mar 2024	2091.10	2081.05	2105.00	2071.10	1.003 times
06 Wed Mar 2024	2083.25	2101.05	2135.90	2061.00	1.664 times
05 Tue Mar 2024	2104.40	2084.00	2126.90	2074.00	0.507 times
04 Mon Mar 2024	2073.20	2122.00	2149.85	2060.10	2.665 times
02 Sat Mar 2024	2139.25	2140.00	2179.00	2120.00	0.029 times

My analysis of stock is bullish for shortterm, and stock might move up till 2145.6 or till 2179. Use a stoploss of 2117.85 and if this stock hits its stoploss, then it can fall down till 2090.06

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	2189.00
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	2017.37
Downside Intraday Target	1912.53
Upside Intraday Target	2208.02
Upside Intraday Target	2293.83
Downside Intraday Target	2103.18

Weekly technical analysis of Ajanta Pharma (AJANTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	2122.20	2094.80	2189.00	1998.35	0.56 times
07 Thu Mar 2024	2091.10	2122.00	2149.85	2060.10	1.323 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

Price has moved up 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
15 Fri Mar 2024	2122.20	2219.60	2220.30	1998.35	0.503 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Ajanta Pharma ( (AJANTPHARM) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 SELL. Signal strength is Weak and stock is losing momentum.

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

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 in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Ajanta Pharma in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 2092.79 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 negative.

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