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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 73319

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	2193.50	2144.00	2286.95	2120.00	2.799 times
25 Thu Apr 2024	2139.95	2130.80	2144.35	2125.05	0.484 times
24 Wed Apr 2024	2133.70	2150.00	2169.20	2127.10	0.952 times
23 Tue Apr 2024	2130.35	2100.00	2189.25	2090.45	1.34 times
22 Mon Apr 2024	2091.35	2085.45	2125.00	2079.95	1.888 times
19 Fri Apr 2024	2085.40	2078.85	2107.95	2069.15	0.47 times
18 Thu Apr 2024	2078.85	2064.40	2098.95	2055.50	0.763 times
16 Tue Apr 2024	2064.95	2098.50	2113.55	2051.60	0.719 times
15 Mon Apr 2024	2117.75	2112.10	2130.95	2070.00	1.106 times
12 Fri Apr 2024	2115.30	2151.60	2207.35	2107.15	1.088 times

Stock of Ajanta Pharma (AJANTPHARM) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 2214 as stoploss in an intra day sell trade for a target of 2155.85. However, stock will show a bullish move above 2214.

Share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Target	1850.25
Downside Target	1998.35
Downside Target	2154.05
Upside Target	2207.35
Upside Target	2286.95
Upside Target	2311.95
Upside Target	2317.65
Upside Target	2319.75
Upside Target	2353.95

Intraday share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Intraday Target	2086.65
Downside Intraday Target	1979.8
Upside Intraday Target	2293.65
Upside Intraday Target	2393.8
Downside Intraday Target	2186.8

Weekly technical analysis of Ajanta Pharma (AJANTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	2193.50	2085.45	2286.95	2079.95	2.441 times
19 Fri Apr 2024	2085.40	2112.10	2130.95	2051.60	0.805 times
12 Fri Apr 2024	2115.30	2187.80	2207.35	2107.15	0.442 times
05 Fri Apr 2024	2181.60	2247.95	2311.95	2154.05	1.218 times
28 Thu Mar 2024	2230.85	2142.50	2317.65	2105.00	0.881 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Ajanta Pharma (AJANTPHARM)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	2193.50	2247.95	2311.95	2051.60	0.69 times
28 Thu Mar 2024	2230.85	2219.60	2317.65	1998.35	0.921 times
29 Thu Feb 2024	2208.00	2300.00	2319.75	2015.05	1.413 times
31 Wed Jan 2024	2174.25	2083.00	2353.95	2053.65	0.695 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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Ajanta Pharma stock for short term is BUY. Signal strength is Strong 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 green color and prices are above the green cloud Prices appear to be moving up

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 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 2128.05 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 rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.