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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 2024-09-19 View latest technical analysis

10 day averaged volume of Ajanta Pharma is 201232

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	3198.50	3134.00	3225.35	3123.60	0.699 times
18 Wed Sep 2024	3121.15	3149.00	3172.70	3090.05	0.669 times
17 Tue Sep 2024	3149.00	3187.75	3195.00	3097.00	0.857 times
16 Mon Sep 2024	3165.80	3339.10	3342.15	3150.00	0.632 times
13 Fri Sep 2024	3325.50	3410.80	3450.45	3264.00	0.985 times
12 Thu Sep 2024	3391.20	3409.65	3485.00	3380.65	0.689 times
11 Wed Sep 2024	3390.15	3415.90	3477.45	3379.00	1.022 times
10 Tue Sep 2024	3426.50	3299.00	3473.70	3299.00	1.88 times
09 Mon Sep 2024	3297.00	3319.90	3338.80	3231.75	0.562 times
06 Fri Sep 2024	3350.35	3345.00	3409.40	3292.05	1.27 times

My analysis of stock is bearish for shortterm, and stock might move down till 3087.3 or till 2934.9. Use a stoploss of 3214.35 and if the stock hits stoploss, then it can shoot up till 3341.36

Share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Target	2111.05
Downside Target	2495.00
Downside Target	2663.85
Downside Target	2717.55
Downside Target	2902.00
Downside Target	3090.05
Upside Target	3231.75
Upside Target	3275.00
Upside Target	3342.15
Upside Target	3389.85
Upside Target	3409.40
Upside Target	3485.00

Intraday share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Intraday Target	3078.32
Downside Intraday Target	2958.13
Upside Intraday Target	3330.42
Upside Intraday Target	3462.33
Upside Intraday Target	3210.23

Weekly technical analysis of Ajanta Pharma (AJANTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	3198.50	3339.10	3342.15	3090.05	0.556 times
13 Fri Sep 2024	3325.50	3319.90	3485.00	3231.75	1.11 times
06 Fri Sep 2024	3350.35	3243.55	3409.40	3145.05	0.762 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

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
19 Thu Sep 2024	3198.50	3243.55	3485.00	3090.05	0.446 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 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 to mid 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Ajanta Pharma in short term but the sell signal is initial and weak.

Ajanta Pharma Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Ajanta Pharma in short term but BUY signal is weak.

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 3308.13 and Ajanta Pharma (AJANTPHARM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.