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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 2024-12-17 View latest technical analysis

10 day averaged volume of Ajanta Pharma is 156439

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	2875.75	2900.00	2902.50	2842.40	0.606 times
16 Mon Dec 2024	2896.55	2818.00	2900.00	2794.70	0.996 times
13 Fri Dec 2024	2807.45	2850.00	2861.55	2775.15	0.43 times
12 Thu Dec 2024	2838.95	2796.00	2875.75	2790.05	0.863 times
11 Wed Dec 2024	2793.70	2800.00	2817.60	2751.20	2.467 times
10 Tue Dec 2024	2824.30	2846.95	2863.40	2790.00	1.06 times
09 Mon Dec 2024	2844.85	2879.80	2889.00	2820.00	1.041 times
06 Fri Dec 2024	2864.80	2929.60	2962.00	2842.00	0.875 times
05 Thu Dec 2024	2914.25	3000.00	3005.00	2905.00	0.642 times
04 Wed Dec 2024	2989.90	2984.25	3018.00	2942.60	0.988 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 2848.6 as stoploss in an intra day buy trade for a target of 2922.86. However, stock will show a bearish move below 2848.6.

Share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Target	2663.85
Downside Target	2751.20
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	2812.8
Downside Intraday Target	2749.85
Upside Intraday Target	2920.6
Upside Intraday Target	2965.45
Downside Intraday Target	2857.65

Weekly technical analysis of Ajanta Pharma (AJANTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	2875.75	2818.00	2902.50	2794.70	0.274 times
13 Fri Dec 2024	2807.45	2879.80	2889.00	2751.20	1.659 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

Price has moved up 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
17 Tue Dec 2024	2875.75	3036.80	3060.00	2751.20	1.016 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 buy signal for Ajanta Pharma in short term and BUY 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 2855.53 and Ajanta Pharma (AJANTPHARM) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.