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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 2024-04-30 View latest technical analysis

10 day averaged volume of Ajanta Pharma is 99660

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	2215.45	2225.00	2243.80	2190.00	0.824 times
29 Mon Apr 2024	2212.60	2244.00	2258.00	2194.65	2.26 times
26 Fri Apr 2024	2193.50	2144.00	2286.95	2120.00	2.06 times
25 Thu Apr 2024	2139.95	2130.80	2144.35	2125.05	0.356 times
24 Wed Apr 2024	2133.70	2150.00	2169.20	2127.10	0.7 times
23 Tue Apr 2024	2130.35	2100.00	2189.25	2090.45	0.986 times
22 Mon Apr 2024	2091.35	2085.45	2125.00	2079.95	1.389 times
19 Fri Apr 2024	2085.40	2078.85	2107.95	2069.15	0.346 times
18 Thu Apr 2024	2078.85	2064.40	2098.95	2055.50	0.561 times
16 Tue Apr 2024	2064.95	2098.50	2113.55	2051.60	0.529 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2214.1, but if it comes below 2214.1, then a intra day sell could be more profitable.
If you take a sell trade below 2214.1, then use 2214.1 as stoploss and 2156.03 as target. However if you take a buy trade in stock , then use 2214.1 as stoploss and 2283.8 as target.

Share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Target	1850.25
Downside Target	1998.35
Downside Target	2190.00
Downside Target	2207.35
Upside Target	2258.00
Upside Target	2286.95
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	2184.3
Downside Intraday Target	2153.15
Upside Intraday Target	2252.3
Upside Intraday Target	2289.15
Upside Intraday Target	2221.15

Weekly technical analysis of Ajanta Pharma (AJANTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	2215.45	2244.00	2258.00	2190.00	0.562 times
26 Fri Apr 2024	2193.50	2085.45	2286.95	2079.95	2.441 times
19 Fri Apr 2024	2085.40	2112.10	2130.95	2051.60	0.805 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

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
30 Tue Apr 2024	2215.45	2247.95	2311.95	2051.60	0.817 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 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 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 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.

ADX buy sell signal for Ajanta Pharma stock for short term is BUY. Signal strength is Strong and stock is losing 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 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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Ajanta Pharma in short term but SELL signal is weak.

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

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 2156.19 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.