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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.

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, -147Sell
Stochastics 8Sell
CCI -59Sell
RSI 25Sell
OBV 156383Sell
VWAP 1492Sell
ADL 0Sell
ROC -31Sell
Force Index 0Sell

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

Daily charts

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Daily chart

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