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 2024-08-07 View latest technical analysis

10 day averaged volume of Ajanta Pharma is 267377

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	2939.60	2803.10	2965.00	2800.00	1.808 times
06 Tue Aug 2024	2788.45	2834.05	2880.00	2762.00	0.45 times
05 Mon Aug 2024	2841.85	2775.95	2873.95	2716.80	0.78 times
02 Fri Aug 2024	2828.50	2750.00	2866.00	2736.45	1.167 times
01 Thu Aug 2024	2792.50	2685.00	2815.00	2663.85	1.451 times
31 Wed Jul 2024	2695.10	2541.00	2717.55	2506.30	3.36 times
30 Tue Jul 2024	2530.55	2430.00	2579.90	2406.10	1.536 times
29 Mon Jul 2024	2418.55	2404.00	2445.90	2401.15	0.516 times
26 Fri Jul 2024	2401.65	2404.90	2409.00	2366.65	0.176 times
25 Thu Jul 2024	2398.85	2370.05	2409.25	2360.00	0.268 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 3001, for a target of 2710.9 or 2469.14

Share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Target	2051.60
Downside Target	2111.05
Downside Target	2304.90
Downside Target	2401.15
Downside Target	2495.00
Downside Target	2540.00
Downside Target	2663.85
Downside Target	2716.80
Downside Target	2717.55
Downside Target	2866.00
Upside Target	2965.00

Intraday share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Intraday Target	2782.6
Downside Intraday Target	2625.6
Upside Intraday Target	3030.8
Upside Intraday Target	3122
Downside Intraday Target	2873.8

Weekly technical analysis of Ajanta Pharma (AJANTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	2939.60	2775.95	2965.00	2716.80	0.378 times
02 Fri Aug 2024	2828.50	2404.00	2866.00	2401.15	5.565 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

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
07 Wed Aug 2024	2939.60	2685.00	2965.00	2663.85	0.319 times
31 Wed Jul 2024	2695.10	2286.20	2717.55	2160.15	3.574 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

Scroll below to view daily charts

Price has moved up 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 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 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 buy signal for Ajanta Pharma in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 2727.16 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.