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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)

10 day averaged volume of Ajanta Pharma is 159341

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 2381.05 2401.80 2401.85 2370.00 0.69 times
16 Thu May 2024 2395.25 2409.70 2417.70 2380.00 0.237 times
15 Wed May 2024 2394.90 2448.00 2449.00 2381.65 1.783 times
14 Tue May 2024 2438.25 2395.25 2445.00 2375.00 0.72 times
13 Mon May 2024 2380.25 2385.50 2394.95 2350.70 0.406 times

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 2411.8 as stoploss in an intra day sell trade for a target of 2288.86. However, stock will show a bullish move above 2411.8.

Share price targets for Ajanta Pharma (AJANTPHARM)

Target Type Value
Downside Target 1998.35
Downside Target 2130.95
Downside Target 2190.00
Downside Target 2286.95
Downside Target 2319.75
Downside Target 2324.45
Downside Target 2350.70
Downside Target 2353.95
Upside Target 2449.00
Upside Target 2458.95
Upside Target 2540.00

Intraday share price targets for Ajanta Pharma (AJANTPHARM)

Target Type Value
Downside Intraday Target 2338.17
Downside Intraday Target 2295.28
Upside Intraday Target 2436.47
Upside Intraday Target 2491.88
Upside Intraday Target 2393.58

Weekly technical analysis of Ajanta Pharma (AJANTPHARM)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 2381.05 2385.50 2449.00 2350.70 0.622 times
10 Fri May 2024 2377.40 2388.45 2458.95 2324.45 0.311 times
03 Fri May 2024 2383.85 2244.00 2540.00 2190.00 5.78 times
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

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
17 Fri May 2024 2381.05 2225.05 2540.00 2210.00 2.24 times
30 Tue Apr 2024 2215.45 2247.95 2311.95 2051.60 0.817 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

Price has moved up 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 32, 8, 60 Buy
MACD 116, 110Buy
Stochastics 44None
CCI -86Sell
RSI 49Sell
OBV 3642715Sell
VWAP 2398Sell
ADL 0Sell
ROC -0Sell
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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Ajanta Pharma stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Ajanta Pharma in short term and the buy signal is strong.

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. 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

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 2398.47 and Ajanta Pharma (AJANTPHARM) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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.

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