Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-11-07 View latest technical analysis

10 day averaged volume of Ajanta Pharma is 110563

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	2985.60	3130.00	3130.00	2967.10	0.929 times
06 Wed Nov 2024	3115.90	3124.95	3146.70	3072.05	0.75 times
05 Tue Nov 2024	3111.70	3001.35	3125.35	3001.35	1.838 times
04 Mon Nov 2024	2984.50	3088.95	3099.80	2965.15	0.632 times
01 Fri Nov 2024	3086.15	3073.00	3127.95	3060.05	0.165 times
31 Thu Oct 2024	3064.70	2996.65	3180.95	2991.05	2.137 times
30 Wed Oct 2024	2996.65	2924.35	3037.75	2924.35	1.144 times
29 Tue Oct 2024	2924.35	2959.60	2980.05	2880.00	1.101 times
28 Mon Oct 2024	2922.60	2942.30	2983.95	2900.90	0.796 times
25 Fri Oct 2024	2969.30	2951.00	3080.00	2951.00	0.611 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 2954.9 as stoploss in an intra day buy trade for a target of 3093.73. However, stock will show a bearish move below 2954.9.

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	3146.70
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	2918.27
Downside Intraday Target	2850.93
Upside Intraday Target	3099.82
Upside Intraday Target	3214.03
Upside Intraday Target	3032.48

Weekly technical analysis of Ajanta Pharma (AJANTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	2985.60	3088.95	3146.70	2965.15	0.777 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
07 Thu Nov 2024	2985.60	3073.00	3146.70	2965.15	0.144 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY signal for Ajanta Pharma in short term but the buy signal is initial and weak.

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. Bulls are getting stronger in this stock.

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 3025.15 and Ajanta Pharma (AJANTPHARM) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

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