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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 2024-07-19 View latest technical analysis

10 day averaged volume of Ajanta Pharma is 244697

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Jul 2024	2287.60	2300.15	2317.05	2225.00	0.692 times
18 Thu Jul 2024	2285.10	2230.00	2305.15	2223.55	0.395 times
16 Tue Jul 2024	2227.75	2260.05	2261.15	2222.40	0.674 times
15 Mon Jul 2024	2261.15	2203.00	2275.00	2203.00	0.448 times
12 Fri Jul 2024	2201.85	2226.95	2240.55	2196.00	1.924 times
11 Thu Jul 2024	2213.85	2260.00	2284.90	2205.00	0.331 times
10 Wed Jul 2024	2255.45	2254.00	2285.80	2202.30	1.836 times
09 Tue Jul 2024	2251.15	2300.00	2304.90	2225.00	1.164 times
08 Mon Jul 2024	2288.60	2235.80	2298.25	2233.20	0.473 times
05 Fri Jul 2024	2266.60	2222.00	2275.80	2160.15	2.197 times

My analysis of stock is bullish for shortterm, and stock might move up till 2309 or till 2356.5. Use a stoploss of 2269.45 and if this stock hits its stoploss, then it can fall down till 2229.9

Share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Target	1998.35
Downside Target	2051.60
Downside Target	2111.05
Downside Target	2261.00
Upside Target	2317.05
Upside Target	2317.65
Upside Target	2335.00
Upside Target	2379.00
Upside Target	2417.50
Upside Target	2495.00
Upside Target	2540.00

Intraday share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Intraday Target	2221.38
Downside Intraday Target	2155.17
Upside Intraday Target	2335.43
Upside Intraday Target	2383.27
Downside Intraday Target	2269.22

Weekly technical analysis of Ajanta Pharma (AJANTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Jul 2024	2287.60	2203.00	2317.05	2203.00	0.386 times
12 Fri Jul 2024	2201.85	2235.80	2304.90	2196.00	1.448 times
05 Fri Jul 2024	2266.60	2286.20	2306.85	2160.15	3.282 times
28 Fri Jun 2024	2287.20	2340.05	2379.00	2261.00	1.291 times
21 Fri Jun 2024	2345.85	2370.00	2417.50	2335.00	1.014 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
19 Fri Jul 2024	2287.60	2286.20	2317.05	2160.15	2.193 times
28 Fri Jun 2024	2287.20	2342.10	2495.00	2111.05	0.255 times
31 Fri May 2024	2333.15	2225.05	2540.00	2151.00	2.615 times
30 Tue Apr 2024	2215.45	2247.95	2311.95	2051.60	0.817 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 to mid 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 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 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 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 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 2249.15 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.