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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 2024-11-04 View latest technical analysis

10 day averaged volume of Ajanta Pharma is 103792

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	2984.50	3088.95	3099.80	2965.15	0.673 times
01 Fri Nov 2024	3086.15	3073.00	3127.95	3060.05	0.176 times
31 Thu Oct 2024	3064.70	2996.65	3180.95	2991.05	2.276 times
30 Wed Oct 2024	2996.65	2924.35	3037.75	2924.35	1.219 times
29 Tue Oct 2024	2924.35	2959.60	2980.05	2880.00	1.173 times
28 Mon Oct 2024	2922.60	2942.30	2983.95	2900.90	0.848 times
25 Fri Oct 2024	2969.30	2951.00	3080.00	2951.00	0.651 times
24 Thu Oct 2024	2970.95	2961.90	3027.55	2946.00	0.88 times
23 Wed Oct 2024	2946.40	2982.45	3009.95	2920.10	0.748 times
22 Tue Oct 2024	2977.40	3151.00	3160.00	2938.40	1.609 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 2970.7 as stoploss in an intra day buy trade for a target of 3138.8. However, stock will show a bearish move below 2970.7.

Share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Target	2160.15
Downside Target	2663.85
Downside Target	2717.55
Downside Target	2880.00
Upside Target	3067.05
Upside Target	3205.20
Upside Target	3216.40
Upside Target	3389.85
Upside Target	3395.00
Upside Target	3428.00
Upside Target	3485.00

Intraday share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Intraday Target	2933.17
Downside Intraday Target	2881.83
Upside Intraday Target	3067.82
Upside Intraday Target	3151.13
Upside Intraday Target	3016.48

Weekly technical analysis of Ajanta Pharma (AJANTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	2984.50	3088.95	3099.80	2965.15	0.118 times
01 Fri Nov 2024	3086.15	2942.30	3180.95	2880.00	1.321 times
25 Fri Oct 2024	2969.30	3215.00	3216.40	2920.10	0.766 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

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 Mon Nov 2024	2984.50	3073.00	3127.95	2965.15	0.027 times
31 Thu Oct 2024	3064.70	3217.60	3428.00	2880.00	0.923 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

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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Ajanta Pharma stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

Ajanta Pharma Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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

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

RSI is generating a SELL signal in short term and selling is picking up 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 2987.47 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.