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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 2024-04-15 View latest technical analysis

10 day averaged volume of Ajanta Pharma is 105701

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	2117.75	2112.10	2130.95	2070.00	0.767 times
12 Fri Apr 2024	2115.30	2151.60	2207.35	2107.15	0.755 times
10 Wed Apr 2024	2139.65	2150.65	2155.00	2130.00	0.826 times
09 Tue Apr 2024	2150.55	2146.70	2160.60	2122.15	0.505 times
08 Mon Apr 2024	2135.50	2187.80	2206.00	2121.60	0.548 times
05 Fri Apr 2024	2181.60	2172.00	2209.20	2156.30	1.248 times
04 Thu Apr 2024	2169.60	2260.00	2265.00	2154.05	1.154 times
03 Wed Apr 2024	2255.45	2250.05	2289.00	2235.00	0.505 times
02 Tue Apr 2024	2270.50	2240.05	2311.95	2220.00	1.407 times
01 Mon Apr 2024	2238.60	2247.95	2271.00	2195.35	1.638 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2109.9 as stoploss in an intra day buy trade for a target of 2163.13. However, stock will show a bearish move below 2109.9.

Share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Target	1850.25
Downside Target	1998.35
Upside Target	2154.05
Upside Target	2164.00
Upside Target	2207.35
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	2081.52
Downside Intraday Target	2045.28
Upside Intraday Target	2142.47
Upside Intraday Target	2167.18
Downside Intraday Target	2106.23

Weekly technical analysis of Ajanta Pharma (AJANTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	2117.75	2112.10	2130.95	2070.00	0.291 times
12 Fri Apr 2024	2115.30	2187.80	2207.35	2107.15	0.442 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

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 Mon Apr 2024	2117.75	2247.95	2311.95	2070.00	0.406 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up

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 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 2188.8 and Ajanta Pharma (AJANTPHARM) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

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