(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.
10 day averaged volume of Ajanta Pharma is 180175
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Wed Jun 2022 | 1221.95 | 1240.05 | 1250.00 | 1201.60 | 0.489 times |
| 28 Tue Jun 2022 | 1240.05 | 1263.00 | 1276.50 | 1234.00 | 0.15 times |
| 27 Mon Jun 2022 | 1262.75 | 1253.65 | 1279.75 | 1245.30 | 1.228 times |
| 24 Fri Jun 2022 | 1247.35 | 1214.90 | 1258.95 | 1201.65 | 1.052 times |
| 23 Thu Jun 2022 | 1219.10 | 1229.60 | 1233.70 | 1186.00 | 1.003 times |
| 22 Wed Jun 2022 | 1214.80 | 1260.00 | 1330.00 | 1200.00 | 1.696 times |
| 21 Tue Jun 2022 | 1840.80 | 1812.40 | 1890.00 | 1805.95 | 1.494 times |
| 20 Mon Jun 2022 | 1800.75 | 1805.00 | 1838.75 | 1781.20 | 1.252 times |
| 17 Fri Jun 2022 | 1804.75 | 1789.90 | 1815.80 | 1763.45 | 1.229 times |
| 16 Thu Jun 2022 | 1806.30 | 1788.30 | 1819.85 | 1751.45 | 0.513 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1364.1, but if it comes above 1364.1, then a intra day buy could be more profitable.
If you take a sell trade below 1364.1, then use 1364.1 as stoploss and 1063.1 as target. However if you take a buy trade in stock , then use 1364.1 as stoploss and 1614.84 as target.
Share price targets for Ajanta Pharma (AJANTPHARM)
| Target Type | Value |
| Downside Target | 1186.00 |
| Upside Target | 1279.75 |
| Upside Target | 1592.65 |
| Upside Target | 1631.15 |
| Upside Target | 1694.15 |
| Upside Target | 1746.65 |
| Upside Target | 1808.00 |
| Upside Target | 1821.90 |
| Upside Target | 1863.70 |
| Upside Target | 1890.00 |
| Upside Target | 2010.00 |
| Upside Target | 2264.00 |
Intraday share price targets for Ajanta Pharma (AJANTPHARM)
| Target Type | Value |
| Downside Intraday Target | 1189.12 |
| Downside Intraday Target | 1156.28 |
| Upside Intraday Target | 1267.27 |
| Upside Intraday Target | 1312.58 |
| Upside Intraday Target | 1234.43 |
Weekly technical analysis of Ajanta Pharma (AJANTPHARM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Wed Jun 2022 | 1221.95 | 1253.65 | 1279.75 | 1201.60 | 0.287 times |
| 24 Fri Jun 2022 | 1247.35 | 1805.00 | 1890.00 | 1186.00 | 2.112 times |
| 17 Fri Jun 2022 | 1804.75 | 1794.70 | 1819.85 | 1746.65 | 1.597 times |
| 10 Fri Jun 2022 | 1794.75 | 1756.80 | 1808.00 | 1708.05 | 0.649 times |
| 03 Fri Jun 2022 | 1751.10 | 1725.00 | 1817.00 | 1700.00 | 2.543 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 |
| 29 Wed Jun 2022 | 1221.95 | 1715.00 | 1890.00 | 1186.00 | 1.768 times |
| 31 Tue May 2022 | 1713.00 | 1720.00 | 1863.70 | 1592.65 | 1.095 times |
| 29 Fri Apr 2022 | 1721.10 | 1811.00 | 1821.90 | 1704.90 | 1.082 times |
| 31 Thu Mar 2022 | 1810.75 | 1725.00 | 2010.00 | 1631.15 | 1.022 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Ajanta Pharma (AJANTPHARM)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 15, 48, 54 | Sell |
| MACD | -226, -147 | Sell |
| Stochastics | 8 | Sell |
| CCI | -59 | Sell |
| RSI | 25 | Sell |
| OBV | 156383 | Sell |
| VWAP | 1492 | Sell |
| ADL | 0 | Sell |
| ROC | -31 | Sell |
| Force Index | 0 | Sell |
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 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 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 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 in or above 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 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 1492.09 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.
Click here for Ajanta Pharma charts
Click here for further forecast and predictions for tomorrow