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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 2024-11-08 View latest technical analysis

10 day averaged volume of Ajanta Pharma is 111704

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	2864.20	2986.85	3013.65	2850.10	1.388 times
07 Thu Nov 2024	2985.60	3130.00	3130.00	2967.10	0.92 times
06 Wed Nov 2024	3115.90	3124.95	3146.70	3072.05	0.743 times
05 Tue Nov 2024	3111.70	3001.35	3125.35	3001.35	1.819 times
04 Mon Nov 2024	2984.50	3088.95	3099.80	2965.15	0.625 times
01 Fri Nov 2024	3086.15	3073.00	3127.95	3060.05	0.163 times
31 Thu Oct 2024	3064.70	2996.65	3180.95	2991.05	2.115 times
30 Wed Oct 2024	2996.65	2924.35	3037.75	2924.35	1.133 times
29 Tue Oct 2024	2924.35	2959.60	2980.05	2880.00	1.089 times
28 Mon Oct 2024	2922.60	2942.30	2983.95	2900.90	0.788 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2935, but if it comes above 2935, then a intra day buy could be more profitable.
If you take a sell trade below 2935, then use 2935 as stoploss and 2773.3 as target. However if you take a buy trade in stock , then use 2935 as stoploss and 3069.68 as target.

Share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Target	2160.15
Downside Target	2663.85
Downside Target	2717.55
Downside Target	2850.10
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	2760.63
Downside Intraday Target	2657.07
Upside Intraday Target	3057.23
Upside Intraday Target	3250.27
Upside Intraday Target	2953.67

Weekly technical analysis of Ajanta Pharma (AJANTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	2864.20	3088.95	3146.70	2850.10	1.039 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
08 Fri Nov 2024	2864.20	3073.00	3146.70	2850.10	0.191 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 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 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 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 Strong 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 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 and SELL signal is strong!

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 3007.57 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.