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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 2024-09-23 View latest technical analysis

10 day averaged volume of Ajanta Pharma is 172824

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	3105.90	3170.00	3179.00	3085.50	0.58 times
20 Fri Sep 2024	3131.50	3238.75	3238.75	3117.85	0.692 times
19 Thu Sep 2024	3198.50	3134.00	3225.35	3123.60	0.814 times
18 Wed Sep 2024	3121.15	3149.00	3172.70	3090.05	0.779 times
17 Tue Sep 2024	3149.00	3187.75	3195.00	3097.00	0.998 times
16 Mon Sep 2024	3165.80	3339.10	3342.15	3150.00	0.736 times
13 Fri Sep 2024	3325.50	3410.80	3450.45	3264.00	1.147 times
12 Thu Sep 2024	3391.20	3409.65	3485.00	3380.65	0.803 times
11 Wed Sep 2024	3390.15	3415.90	3477.45	3379.00	1.19 times
10 Tue Sep 2024	3426.50	3299.00	3473.70	3299.00	2.189 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 3104.3 as stoploss in an intra day buy trade for a target of 3221.74. However, stock will show a bearish move below 3104.3.

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	2955.00
Downside Target	3085.50
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	3067.93
Downside Intraday Target	3029.97
Upside Intraday Target	3161.43
Upside Intraday Target	3216.97
Upside Intraday Target	3123.47

Weekly technical analysis of Ajanta Pharma (AJANTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	3105.90	3170.00	3179.00	3085.50	0.144 times
20 Fri Sep 2024	3131.50	3339.10	3342.15	3090.05	0.672 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

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
23 Mon Sep 2024	3105.90	3243.55	3485.00	3085.50	0.485 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 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 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 SELL. 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 getting stronger in this stock.

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

CCI has generated a SELL signal for Ajanta Pharma in short term and SELL 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 3278.45 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.