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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 2024-03-26 View latest technical analysis

10 day averaged volume of Ajanta Pharma is 100631

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	2223.05	2142.50	2230.00	2105.00	1.073 times
22 Fri Mar 2024	2152.30	2118.00	2164.00	2106.60	1.526 times
21 Thu Mar 2024	2125.90	2092.50	2147.95	2080.00	3.206 times
20 Wed Mar 2024	2082.10	2091.50	2105.80	2071.30	0.229 times
19 Tue Mar 2024	2109.35	2135.10	2135.10	2081.00	0.247 times
18 Mon Mar 2024	2124.45	2132.80	2132.80	2104.25	0.617 times
15 Fri Mar 2024	2122.20	2124.60	2125.00	2092.00	0.451 times
14 Thu Mar 2024	2124.30	2110.70	2128.00	2075.00	0.837 times
13 Wed Mar 2024	2110.70	2096.90	2175.00	1998.35	1.221 times
12 Tue Mar 2024	2108.15	2109.15	2189.00	2080.00	0.467 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2203, for a target of 2158.2 or 2120.92

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
Downside Target	2164.00
Downside Target	2189.00
Upside Target	2230.00
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	2142.03
Downside Intraday Target	2061.02
Upside Intraday Target	2267.03
Upside Intraday Target	2311.02
Downside Intraday Target	2186.02

Weekly technical analysis of Ajanta Pharma (AJANTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	2223.05	2142.50	2230.00	2105.00	0.184 times
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

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
26 Tue Mar 2024	2223.05	2219.60	2230.00	1998.35	0.766 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 up 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 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 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 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 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 Strong and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Ajanta Pharma Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 BUY signal in short term and the buying is gaining 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 2135.99 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 positive

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