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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 2024-12-19 View latest technical analysis

10 day averaged volume of Ajanta Pharma is 146938

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	2875.70	2854.20	2905.95	2842.00	0.736 times
18 Wed Dec 2024	2892.50	2865.00	2909.00	2860.00	0.44 times
17 Tue Dec 2024	2875.75	2900.00	2902.50	2842.40	0.646 times
16 Mon Dec 2024	2896.55	2818.00	2900.00	2794.70	1.061 times
13 Fri Dec 2024	2807.45	2850.00	2861.55	2775.15	0.458 times
12 Thu Dec 2024	2838.95	2796.00	2875.75	2790.05	0.918 times
11 Wed Dec 2024	2793.70	2800.00	2817.60	2751.20	2.626 times
10 Tue Dec 2024	2824.30	2846.95	2863.40	2790.00	1.129 times
09 Mon Dec 2024	2844.85	2879.80	2889.00	2820.00	1.108 times
06 Fri Dec 2024	2864.80	2929.60	2962.00	2842.00	0.931 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 2842.5 as stoploss in an intra day buy trade for a target of 2917.3. However, stock will show a bearish move below 2842.5.

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	2810.6
Downside Intraday Target	2745.5
Upside Intraday Target	2924.9
Upside Intraday Target	2974.1
Downside Intraday Target	2859.8

Weekly technical analysis of Ajanta Pharma (AJANTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	2875.70	2818.00	2909.00	2794.70	0.462 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
19 Thu Dec 2024	2875.70	3036.80	3060.00	2751.20	1.118 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 Weak and stock is gaining momentum.

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

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. 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 but selling is losing 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 2840.57 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.