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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 2024-03-18 View latest technical analysis

10 day averaged volume of Ajanta Pharma is 117386

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	2124.45	2132.80	2132.80	2104.25	0.529 times
15 Fri Mar 2024	2122.20	2124.60	2125.00	2092.00	0.387 times
14 Thu Mar 2024	2124.30	2110.70	2128.00	2075.00	0.718 times
13 Wed Mar 2024	2110.70	2096.90	2175.00	1998.35	1.047 times
12 Tue Mar 2024	2108.15	2109.15	2189.00	2080.00	0.4 times
11 Mon Mar 2024	2102.05	2094.80	2120.00	2069.30	1.027 times
07 Thu Mar 2024	2091.10	2081.05	2105.00	2071.10	1.098 times
06 Wed Mar 2024	2083.25	2101.05	2135.90	2061.00	1.821 times
05 Tue Mar 2024	2104.40	2084.00	2126.90	2074.00	0.555 times
04 Mon Mar 2024	2073.20	2122.00	2149.85	2060.10	2.916 times

My analysis of stock is bullish for shortterm, and stock might move up till 2144.5 or till 2177.4. Use a stoploss of 2117.09 and if this stock hits its stoploss, then it can fall down till 2089.7

Share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Target	1750.00
Downside Target	1850.25
Downside Target	1995.95
Upside Target	2132.80
Upside Target	2149.85
Upside Target	2178.00
Upside Target	2189.00
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	2108.2
Downside Intraday Target	2091.95
Upside Intraday Target	2136.75
Upside Intraday Target	2149.05
Downside Intraday Target	2120.5

Weekly technical analysis of Ajanta Pharma (AJANTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	2124.45	2132.80	2132.80	2104.25	0.148 times
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

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
18 Mon Mar 2024	2124.45	2219.60	2220.30	1998.35	0.527 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 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 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 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 moving up

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 and selling is picking up 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 2094.24 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 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.