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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 2024-08-29 View latest technical analysis

10 day averaged volume of Ajanta Pharma is 251767

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	3151.05	3077.85	3235.50	3066.15	1.635 times
28 Wed Aug 2024	3080.45	2985.60	3128.20	2966.50	0.985 times
27 Tue Aug 2024	2969.95	3005.80	3013.25	2961.55	0.358 times
26 Mon Aug 2024	2986.20	3099.85	3099.85	2955.00	0.869 times
23 Fri Aug 2024	3103.35	3112.80	3127.90	3075.00	0.446 times
22 Thu Aug 2024	3123.10	3077.65	3165.30	3038.35	0.96 times
21 Wed Aug 2024	3077.65	2958.65	3125.00	2917.40	0.773 times
20 Tue Aug 2024	2958.70	2948.45	3125.00	2935.25	1.883 times
19 Mon Aug 2024	2933.05	3012.70	3065.95	2902.00	0.61 times
16 Fri Aug 2024	2995.30	3050.00	3105.80	2980.35	0.881 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3103.1, but if it comes below 3103.1, then a intra day sell could be more profitable.
If you take a sell trade below 3103.1, then use 3103.1 as stoploss and 2990.95 as target. However if you take a buy trade in stock , then use 3103.1 as stoploss and 3237.7 as target.

Share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Target	2051.60
Downside Target	2111.05
Downside Target	2311.95
Downside Target	2401.15
Downside Target	2495.00
Downside Target	2663.85
Downside Target	2866.00
Downside Target	2980.00
Downside Target	3034.25
Upside Target	3165.30
Upside Target	3235.50
Upside Target	3389.85

Intraday share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Intraday Target	2992.2
Downside Intraday Target	2833.35
Upside Intraday Target	3272.7
Upside Intraday Target	3394.35
Downside Intraday Target	3113.85

Weekly technical analysis of Ajanta Pharma (AJANTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	3151.05	3099.85	3235.50	2955.00	0.823 times
23 Fri Aug 2024	3103.35	3012.70	3165.30	2902.00	0.954 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

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 Thu Aug 2024	3151.05	2685.00	3389.85	2663.85	1.146 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 SELL signal for Ajanta Pharma in short term but the sell 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 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 3043.08 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.