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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 2024-12-11 View latest technical analysis

10 day averaged volume of Ajanta Pharma is 111798

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Dec 2024	2793.70	2800.00	2817.60	2751.20	3.452 times
10 Tue Dec 2024	2824.30	2846.95	2863.40	2790.00	1.484 times
09 Mon Dec 2024	2844.85	2879.80	2889.00	2820.00	1.456 times
06 Fri Dec 2024	2864.80	2929.60	2962.00	2842.00	1.224 times
05 Thu Dec 2024	2914.25	3000.00	3005.00	2905.00	0.898 times
04 Wed Dec 2024	2989.90	2984.25	3018.00	2942.60	1.383 times
03 Tue Dec 2024	2967.70	3042.35	3059.35	2954.30	0.893 times
02 Mon Dec 2024	3026.35	3036.80	3060.00	3000.00	0.544 times
29 Fri Nov 2024	3022.55	2941.85	3060.00	2930.35	1.158 times
28 Thu Nov 2024	2930.35	3042.70	3042.70	2911.05	0.637 times

Stock of Ajanta Pharma (AJANTPHARM) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2848.8, but if it comes above 2848.8, then a intra day buy could be more profitable.
If you take a sell trade below 2848.8, then use 2848.8 as stoploss and 2760.3 as target. However if you take a buy trade in stock , then use 2848.8 as stoploss and 2922.51 as target.

Share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Target	2663.85
Downside Target	2751.20
Upside Target	2842.00
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	2733.6
Downside Intraday Target	2673.5
Upside Intraday Target	2871.4
Upside Intraday Target	2949.1
Upside Intraday Target	2811.3

Weekly technical analysis of Ajanta Pharma (AJANTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Dec 2024	2793.70	2879.80	2889.00	2751.20	1.293 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
11 Wed Dec 2024	2793.70	3036.80	3060.00	2751.20	0.749 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 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 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 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 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

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 2886.68 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.