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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 2024-08-21 View latest technical analysis

10 day averaged volume of Ajanta Pharma is 300825

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	3077.65	2958.65	3125.00	2917.40	0.647 times
20 Tue Aug 2024	2958.70	2948.45	3125.00	2935.25	1.576 times
19 Mon Aug 2024	2933.05	3012.70	3065.95	2902.00	0.51 times
16 Fri Aug 2024	2995.30	3050.00	3105.80	2980.35	0.737 times
14 Wed Aug 2024	3045.90	3175.35	3389.85	3015.50	1.87 times
13 Tue Aug 2024	3175.35	3067.45	3189.00	3067.40	0.972 times
12 Mon Aug 2024	3067.45	2980.00	3085.00	2980.00	0.521 times
09 Fri Aug 2024	2998.85	2961.30	3034.25	2940.40	0.748 times
08 Thu Aug 2024	2961.70	2910.10	2989.95	2910.10	1.058 times
07 Wed Aug 2024	2939.60	2803.10	2965.00	2800.00	1.607 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3060.4, but if it comes below 3060.4, then a intra day sell could be more profitable.
If you take a sell trade below 3060.4, then use 3060.4 as stoploss and 2811.71 as target. However if you take a buy trade in stock , then use 3060.4 as stoploss and 3358.9 as target.

Share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Target	2051.60
Downside Target	2111.05
Downside Target	2236.10
Downside Target	2311.95
Downside Target	2401.15
Downside Target	2495.00
Downside Target	2663.85
Downside Target	2866.00
Downside Target	2902.00
Downside Target	2980.00
Downside Target	3034.25
Upside Target	3125.00
Upside Target	3389.85

Intraday share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Intraday Target	2944.77
Downside Intraday Target	2811.88
Upside Intraday Target	3167.77
Upside Intraday Target	3257.88
Downside Intraday Target	3034.88

Weekly technical analysis of Ajanta Pharma (AJANTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	3077.65	3012.70	3125.00	2902.00	0.667 times
16 Fri Aug 2024	2995.30	2980.00	3389.85	2980.00	0.91 times
09 Fri Aug 2024	2998.85	2775.95	3034.25	2716.80	0.631 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

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
21 Wed Aug 2024	3077.65	2685.00	3389.85	2663.85	0.867 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 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 term time period is neutral. A longer time frame might give a better analysis.

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. Bears are weakening, and bulls 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 BUY signal in short term and the buying is gaining 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 3009.81 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.