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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 2024-03-22 View latest technical analysis

10 day averaged volume of Ajanta Pharma is 98160

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	2152.30	2118.00	2164.00	2106.60	1.564 times
21 Thu Mar 2024	2125.90	2092.50	2147.95	2080.00	3.287 times
20 Wed Mar 2024	2082.10	2091.50	2105.80	2071.30	0.235 times
19 Tue Mar 2024	2109.35	2135.10	2135.10	2081.00	0.254 times
18 Mon Mar 2024	2124.45	2132.80	2132.80	2104.25	0.632 times
15 Fri Mar 2024	2122.20	2124.60	2125.00	2092.00	0.463 times
14 Thu Mar 2024	2124.30	2110.70	2128.00	2075.00	0.858 times
13 Wed Mar 2024	2110.70	2096.90	2175.00	1998.35	1.252 times
12 Tue Mar 2024	2108.15	2109.15	2189.00	2080.00	0.479 times
11 Mon Mar 2024	2102.05	2094.80	2120.00	2069.30	1.228 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2146.4, but if it comes below 2146.4, then a intra day sell could be more profitable.
If you take a sell trade below 2146.4, then use 2146.4 as stoploss and 2116.86 as target. However if you take a buy trade in stock , then use 2146.4 as stoploss and 2181.9 as target.

Share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Target	1750.00
Downside Target	1850.25
Downside Target	1995.95
Downside Target	2149.85
Upside Target	2164.00
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	2094.4
Downside Intraday Target	2036.5
Upside Intraday Target	2187.1
Upside Intraday Target	2221.9
Downside Intraday Target	2129.2

Weekly technical analysis of Ajanta Pharma (AJANTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	2152.30	2132.80	2164.00	2071.30	1.396 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
22 Fri Mar 2024	2152.30	2219.60	2220.30	1998.35	0.725 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 neutral. A longer time frame might give a better analysis.

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 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 but selling 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 2122.59 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 is giving positive 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.