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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 2024-10-09 View latest technical analysis

10 day averaged volume of Ajanta Pharma is 201684

Date	Daily Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	3374.75	3426.40	3428.00	3356.70	1.284 times
08 Tue Oct 2024	3394.90	3251.50	3426.75	3205.20	1.856 times
07 Mon Oct 2024	3310.00	3354.25	3390.00	3270.80	1.525 times
04 Fri Oct 2024	3324.75	3340.10	3350.00	3253.85	1.111 times
03 Thu Oct 2024	3350.95	3244.20	3376.40	3175.65	1.038 times
01 Tue Oct 2024	3253.60	3217.60	3283.70	3160.30	0.38 times
30 Mon Sep 2024	3201.60	3292.00	3339.35	3191.00	0.902 times
27 Fri Sep 2024	3333.05	3155.10	3405.55	3146.15	0.906 times
26 Thu Sep 2024	3184.05	3254.55	3254.55	3131.95	0.708 times
25 Wed Sep 2024	3238.35	3199.05	3267.85	3147.00	0.504 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3354.7, but if it comes below 3354.7, then a intra day sell could be more profitable.
If you take a sell trade below 3354.7, then use 3354.7 as stoploss and 3258.4 as target. However if you take a buy trade in stock , then use 3354.7 as stoploss and 3470.3 as target.

Share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Target	2111.05
Downside Target	2160.15
Downside Target	2495.00
Downside Target	2663.85
Downside Target	2717.55
Downside Target	3067.05
Downside Target	3160.30
Downside Target	3342.15
Upside Target	3389.85
Upside Target	3405.55
Upside Target	3428.00
Upside Target	3485.00

Intraday share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Intraday Target	3243.97
Downside Intraday Target	3113.18
Upside Intraday Target	3466.77
Upside Intraday Target	3558.78
Downside Intraday Target	3335.98

Weekly technical analysis of Ajanta Pharma (AJANTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	3374.75	3354.25	3428.00	3205.20	1.36 times
04 Fri Oct 2024	3324.75	3292.00	3376.40	3160.30	0.931 times
27 Fri Sep 2024	3333.05	3170.00	3405.55	3067.05	1.07 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

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
09 Wed Oct 2024	3374.75	3217.60	3428.00	3160.30	0.405 times
30 Mon Sep 2024	3201.60	3243.55	3485.00	3067.05	0.63 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

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 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 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 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 stronger in this stock.

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

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 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 3317.43 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.