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 2024-04-08 View latest technical analysis

10 day averaged volume of Ajanta Pharma is 162210

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	2135.50	2187.80	2206.00	2121.60	0.357 times
05 Fri Apr 2024	2181.60	2172.00	2209.20	2156.30	0.813 times
04 Thu Apr 2024	2169.60	2260.00	2265.00	2154.05	0.752 times
03 Wed Apr 2024	2255.45	2250.05	2289.00	2235.00	0.329 times
02 Tue Apr 2024	2270.50	2240.05	2311.95	2220.00	0.917 times
01 Mon Apr 2024	2238.60	2247.95	2271.00	2195.35	1.068 times
28 Thu Mar 2024	2230.85	2179.35	2247.95	2173.60	0.921 times
27 Wed Mar 2024	2193.50	2223.05	2317.65	2170.10	1.599 times
26 Tue Mar 2024	2223.05	2142.50	2230.00	2105.00	0.665 times
22 Fri Mar 2024	2152.30	2118.00	2164.00	2106.60	0.947 times

My analysis of stock is bearish for shortterm, and stock might move down till 2100.2 or till 2031.5. Use a stoploss of 2157.56 and if the stock hits stoploss, then it can shoot up till 2214.88

Share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Target	1850.25
Downside Target	1998.35
Upside Target	2164.00
Upside Target	2189.00
Upside Target	2206.00
Upside Target	2311.95
Upside Target	2317.65
Upside Target	2319.75
Upside Target	2353.95

Intraday share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Intraday Target	2102.73
Downside Intraday Target	2069.97
Upside Intraday Target	2187.13
Upside Intraday Target	2238.77
Upside Intraday Target	2154.37

Weekly technical analysis of Ajanta Pharma (AJANTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	2135.50	2187.80	2206.00	2121.60	0.092 times
05 Fri Apr 2024	2181.60	2247.95	2311.95	2154.05	1.218 times
28 Thu Mar 2024	2230.85	2142.50	2317.65	2105.00	0.881 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

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
08 Mon Apr 2024	2135.50	2247.95	2311.95	2121.60	0.282 times
28 Thu Mar 2024	2230.85	2219.60	2317.65	1998.35	0.921 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

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 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 short to mid 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 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 losing momentum.

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

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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Ajanta Pharma in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 2206.14 and Ajanta Pharma (AJANTPHARM) stock is trading below this level. This means that stock is falling with high volumes. 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.