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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 2024-10-21 View latest technical analysis

10 day averaged volume of Ajanta Pharma is 177837

Date	Daily Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	3140.30	3215.00	3216.40	3121.50	0.246 times
18 Fri Oct 2024	3199.55	3233.05	3233.05	3156.05	0.349 times
17 Thu Oct 2024	3236.55	3339.05	3395.00	3220.00	0.42 times
16 Wed Oct 2024	3339.05	3300.00	3388.30	3263.05	1.074 times
15 Tue Oct 2024	3299.90	3259.60	3345.00	3247.40	0.793 times
14 Mon Oct 2024	3257.75	3345.00	3345.00	3241.00	0.647 times
11 Fri Oct 2024	3345.35	3335.00	3375.20	3313.25	0.607 times
10 Thu Oct 2024	3344.95	3330.05	3384.75	3300.00	0.819 times
09 Wed Oct 2024	3374.75	3426.40	3428.00	3356.70	1.456 times
08 Tue Oct 2024	3394.90	3251.50	3426.75	3205.20	2.105 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3194.2, but if it comes above 3194.2, then a intra day buy could be more profitable.
If you take a sell trade below 3194.2, then use 3194.2 as stoploss and 3099.7 as target. However if you take a buy trade in stock , then use 3194.2 as stoploss and 3272.93 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
Upside Target	3376.40
Upside Target	3389.85
Upside Target	3395.00
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	3102.4
Downside Intraday Target	3064.5
Upside Intraday Target	3197.3
Upside Intraday Target	3254.3
Upside Intraday Target	3159.4

Weekly technical analysis of Ajanta Pharma (AJANTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	3140.30	3215.00	3216.40	3121.50	0.075 times
18 Fri Oct 2024	3199.55	3345.00	3395.00	3156.05	0.489 times
11 Fri Oct 2024	3345.35	3354.25	3428.00	3205.20	1.726 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

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
21 Mon Oct 2024	3140.30	3217.60	3428.00	3121.50	0.651 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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.

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 but buying is losing 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 3333.64 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.