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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 180587

Date Daily Closing Price Open High Low Volume
01 Fri Jul 2022 1260.95 1233.00 1275.05 1229.35 0.608 times
30 Thu Jun 2022 1235.60 1222.40 1254.80 1222.25 0.428 times
29 Wed Jun 2022 1221.95 1240.05 1250.00 1201.60 0.488 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 1.225 times
24 Fri Jun 2022 1247.35 1214.90 1258.95 1201.65 1.05 times
23 Thu Jun 2022 1219.10 1229.60 1233.70 1186.00 1 times
22 Wed Jun 2022 1214.80 1260.00 1330.00 1200.00 1.692 times
21 Tue Jun 2022 1840.80 1812.40 1890.00 1805.95 1.491 times
20 Mon Jun 2022 1800.75 1805.00 1838.75 1781.20 1.249 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1295.8, but if it comes above 1295.8, then a intra day buy could be more profitable.
If you take a sell trade below 1295.8, then use 1295.8 as stoploss and 976.2 as target. However if you take a buy trade in stock , then use 1295.8 as stoploss and 1562.17 as target.

Share price targets for Ajanta Pharma (AJANTPHARM)

Target Type Value
Downside Target 1186.00
Downside Target 1229.35
Upside Target 1275.05
Upside Target 1592.65
Upside Target 1631.15
Upside Target 1700.00
Upside Target 1746.65
Upside Target 1808.00
Upside Target 1819.85
Upside Target 1821.90
Upside Target 1863.70
Upside Target 1890.00
Upside Target 2010.00

Intraday share price targets for Ajanta Pharma (AJANTPHARM)

Target Type Value
Downside Intraday Target 1215.12
Downside Intraday Target 1169.28
Upside Intraday Target 1293.27
Upside Intraday Target 1325.58
Downside Intraday Target 1247.43

Weekly technical analysis of Ajanta Pharma (AJANTPHARM)

Date Weekly Closing Price Open High Low Volume
01 Fri Jul 2022 1260.95 1253.65 1279.75 1201.60 0.447 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 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
01 Fri Jul 2022 1260.95 1233.00 1275.05 1229.35 0.037 times
30 Thu Jun 2022 1235.60 1715.00 1890.00 1186.00 1.815 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

Scroll below to view daily charts

Price has moved up 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)

Indicator Name Indicator Value Indicator Signal
ADX 16, 44, 46 Sell
MACD -240, -187Sell
Stochastics 8Sell
CCI -37Buy
RSI 25Sell
OBV 14828Sell
VWAP 1407Sell
ADL 0Sell
ROC -30Sell
Force Index 0Sell

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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 Strong and stock is losing 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Ajanta Pharma in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1407.39 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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