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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 2024-09-04 View latest technical analysis

10 day averaged volume of Ajanta Pharma is 192962

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	3229.55	3169.40	3275.00	3151.90	1.184 times
03 Tue Sep 2024	3175.30	3202.90	3247.35	3145.05	0.516 times
02 Mon Sep 2024	3202.30	3243.55	3258.25	3192.05	0.305 times
30 Fri Aug 2024	3243.55	3151.90	3275.00	3112.00	1.316 times
29 Thu Aug 2024	3151.05	3077.85	3235.50	3066.15	2.133 times
28 Wed Aug 2024	3080.45	2985.60	3128.20	2966.50	1.285 times
27 Tue Aug 2024	2969.95	3005.80	3013.25	2961.55	0.468 times
26 Mon Aug 2024	2986.20	3099.85	3099.85	2955.00	1.134 times
23 Fri Aug 2024	3103.35	3112.80	3127.90	3075.00	0.582 times
22 Thu Aug 2024	3123.10	3077.65	3165.30	3038.35	1.252 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3169.4, but if it comes below 3169.4, then a intra day sell could be more profitable.
If you take a sell trade below 3169.4, then use 3169.4 as stoploss and 3070.92 as target. However if you take a buy trade in stock , then use 3169.4 as stoploss and 3287.6 as target.

Share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Target	2111.05
Downside Target	2495.00
Downside Target	2663.85
Downside Target	2902.00
Downside Target	3145.05
Downside Target	3165.30
Upside Target	3275.00
Upside Target	3389.85

Intraday share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Intraday Target	3158.07
Downside Intraday Target	3086.58
Upside Intraday Target	3288.02
Upside Intraday Target	3346.48
Downside Intraday Target	3216.53

Weekly technical analysis of Ajanta Pharma (AJANTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	3229.55	3243.55	3275.00	3145.05	0.316 times
30 Fri Aug 2024	3243.55	3099.85	3275.00	2955.00	1.039 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

Price has moved down 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
04 Wed Sep 2024	3229.55	3243.55	3275.00	3145.05	0.068 times
30 Fri Aug 2024	3243.55	2685.00	3389.85	2663.85	1.199 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

Scroll below to view daily charts

Price has moved down 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 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 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 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 BUY signal in short term but buying is losing 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 3133.13 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.