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Ajanta Pharma Limited

AJANTPHARM.BO Technical Analysis Summary (BSE)

Analyze AJANTPHARM.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

AJANTPHARM.BO●BSE
HealthcareDrug Manufacturers - Specialty & Generic
₹3331.00
₹38.20(1.13%)
Indian Market is Open · 11:51

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

AJANTPHARM.BO Technical Analysis Summary (BSE)

Ajanta Pharma Limited (BSE: AJANTPHARM.BO) stock currently shows a bullish trend on the BSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 52.97)
Trend Strength:Very Strong (ADX: 41.67)
Volatility:Medium (ATR: 110.14)
Support/Resistance:$3261.13 – $3538.20 (Bollinger Bands)

Technical conditions suggest Ajanta Pharma Limited on the BSE is awaiting a decisive move. This mix signals that Ajanta Pharma Limited is trading with strong momentum and healthy trend support.

Momentum Indicators

RSI (14): 52.97

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 47.13

Neutral
Mid-range signal with no clear trend.

Williams %R: -62.64

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 2.20

Bullish
Steady upward momentum.

Takeaway:Ajanta Pharma Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 69.17

Bullish
Bullish, trend momentum is strengthening.

ADX: 41.67

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 110.14

Rising
Rising volatility, market activity increasing.

CCI (14): -24.32

Bearish
Bearish, momentum remains under pressure.

Takeaway:Ajanta Pharma Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$3538.20
Middle Band (SMA 20)
$3399.66
Lower Band
$3261.13
Current Position
Within Bands

Takeaway:Ajanta Pharma Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$3600.51
Middle Line (EMA 20)
$3380.24
Lower Channel
$3159.96
Squeeze Status
Squeeze On

Takeaway:Ajanta Pharma Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume176.19K
Money Flow Index40.37Neutral, balanced money flows with no clear signal.
Relative Vigor Index57.95Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:AJANTPHARM.BO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Ajanta Pharma Limited (BSE: AJANTPHARM.BO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for Ajanta Pharma Limited are mixed, suggesting a Hold or wait-and-see approach.

(BSE: AJANTPHARM.BO) Technical Analysis FAQ