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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 2024-07-29 View latest technical analysis

10 day averaged volume of Ajanta Pharma is 139705

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	2418.55	2404.00	2445.90	2401.15	0.987 times
26 Fri Jul 2024	2401.65	2404.90	2409.00	2366.65	0.338 times
25 Thu Jul 2024	2398.85	2370.05	2409.25	2360.00	0.512 times
24 Wed Jul 2024	2384.70	2339.00	2389.90	2316.20	0.567 times
23 Tue Jul 2024	2335.10	2300.00	2355.50	2258.80	0.918 times
22 Mon Jul 2024	2294.60	2262.75	2321.00	2236.10	0.426 times
19 Fri Jul 2024	2287.60	2300.15	2317.05	2225.00	1.212 times
18 Thu Jul 2024	2285.10	2230.00	2305.15	2223.55	0.692 times
16 Tue Jul 2024	2227.75	2260.05	2261.15	2222.40	1.18 times
15 Mon Jul 2024	2261.15	2203.00	2275.00	2203.00	0.785 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 2429.2, for a target of 2351.3 or 2286.44

Share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Target	1998.35
Downside Target	2051.60
Downside Target	2111.05
Downside Target	2304.90
Downside Target	2317.05
Downside Target	2317.65
Downside Target	2401.15
Downside Target	2409.25
Upside Target	2445.90
Upside Target	2495.00
Upside Target	2540.00

Intraday share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Intraday Target	2397.83
Downside Intraday Target	2377.12
Upside Intraday Target	2442.58
Upside Intraday Target	2466.62
Upside Intraday Target	2421.87

Weekly technical analysis of Ajanta Pharma (AJANTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	2418.55	2404.00	2445.90	2401.15	0.358 times
26 Fri Jul 2024	2401.65	2262.75	2409.25	2236.10	0.714 times
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

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
29 Mon Jul 2024	2418.55	2286.20	2445.90	2160.15	2.588 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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

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 2318.23 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.