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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 2024-12-09 View latest technical analysis

10 day averaged volume of Ajanta Pharma is 96574

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	2844.85	2879.80	2889.00	2820.00	1.686 times
06 Fri Dec 2024	2864.80	2929.60	2962.00	2842.00	1.417 times
05 Thu Dec 2024	2914.25	3000.00	3005.00	2905.00	1.04 times
04 Wed Dec 2024	2989.90	2984.25	3018.00	2942.60	1.601 times
03 Tue Dec 2024	2967.70	3042.35	3059.35	2954.30	1.034 times
02 Mon Dec 2024	3026.35	3036.80	3060.00	3000.00	0.63 times
29 Fri Nov 2024	3022.55	2941.85	3060.00	2930.35	1.341 times
28 Thu Nov 2024	2930.35	3042.70	3042.70	2911.05	0.738 times
27 Wed Nov 2024	3026.80	2992.00	3039.95	2950.50	0.372 times
26 Tue Nov 2024	2996.75	2990.00	3044.25	2971.70	0.428 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2860.7, but if it comes above 2860.7, then a intra day buy could be more profitable.
If you take a sell trade below 2860.7, then use 2860.7 as stoploss and 2780.4 as target. However if you take a buy trade in stock , then use 2860.7 as stoploss and 2927.69 as target.

Share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Target	2663.85
Downside Target	2755.55
Downside Target	2820.00
Upside Target	3006.95
Upside Target	3060.00
Upside Target	3067.05
Upside Target	3100.10
Upside Target	3146.70
Upside Target	3389.85
Upside Target	3428.00
Upside Target	3485.00

Intraday share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Intraday Target	2813.57
Downside Intraday Target	2782.28
Upside Intraday Target	2882.57
Upside Intraday Target	2920.28
Upside Intraday Target	2851.28

Weekly technical analysis of Ajanta Pharma (AJANTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	2844.85	2879.80	2889.00	2820.00	0.295 times
06 Fri Dec 2024	2864.80	3036.80	3060.00	2842.00	1.338 times
29 Fri Nov 2024	3022.55	2975.05	3100.10	2911.05	1.492 times
22 Fri Nov 2024	2960.05	2859.85	3006.95	2850.05	0.748 times
14 Thu Nov 2024	2859.85	2855.15	2919.20	2755.55	0.603 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
09 Mon Dec 2024	2844.85	3036.80	3060.00	2820.00	0.423 times
29 Fri Nov 2024	3022.55	3073.00	3146.70	2755.55	0.512 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

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 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 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 mid to longer 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.

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 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 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 but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 2942.85 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.