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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 2024-12-05 View latest technical analysis

10 day averaged volume of Ajanta Pharma is 89323

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	2914.25	3000.00	3005.00	2905.00	1.124 times
04 Wed Dec 2024	2989.90	2984.25	3018.00	2942.60	1.731 times
03 Tue Dec 2024	2967.70	3042.35	3059.35	2954.30	1.118 times
02 Mon Dec 2024	3026.35	3036.80	3060.00	3000.00	0.681 times
29 Fri Nov 2024	3022.55	2941.85	3060.00	2930.35	1.45 times
28 Thu Nov 2024	2930.35	3042.70	3042.70	2911.05	0.798 times
27 Wed Nov 2024	3026.80	2992.00	3039.95	2950.50	0.402 times
26 Tue Nov 2024	2996.75	2990.00	3044.25	2971.70	0.463 times
25 Mon Nov 2024	2996.70	2975.05	3100.10	2960.00	1.513 times
22 Fri Nov 2024	2960.05	2945.00	3006.95	2936.55	0.642 times

My analysis of stock is bearish for shortterm, and stock might move down till 2873.1 or till 2784.2. Use a stoploss of 2947.28 and if the stock hits stoploss, then it can shoot up till 3021.42

Share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Target	2663.85
Downside Target	2755.55
Downside Target	2850.05
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	2859.5
Downside Intraday Target	2804.75
Upside Intraday Target	3014.5
Upside Intraday Target	3114.75
Upside Intraday Target	2959.75

Weekly technical analysis of Ajanta Pharma (AJANTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	2914.25	3036.80	3060.00	2905.00	1.006 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
14 Thu Nov 2024	2859.85	2855.15	2919.20	2755.55	0.603 times
08 Fri Nov 2024	2864.20	3088.95	3146.70	2850.10	1.039 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
05 Thu Dec 2024	2914.25	3036.80	3060.00	2905.00	0.246 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 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 short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Ajanta Pharma ( (AJANTPHARM) ) based on a short to mid 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 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 BUY signal for Ajanta Pharma in short term but the buy signal is initial and weak.

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 below 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 and selling is picking up 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 2982.24 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.