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Ajanta Pharma Limited

AJANTPHARM.NSNSE
Healthcare
Drug Manufacturers - Specialty & Generic
2948.80
-72.50(-2.40%)
Indian Market opens in 5h 13m

Ajanta Pharma Limited (AJANTPHARM.NS) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Ajanta Pharma Limited (NSE:AJANTPHARM.NS).

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.NS Technical Analysis Summary

Ajanta Pharma Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 70.06)
Trend Strength:Strong (ADX: 31.39)
Volatility:Medium (ATR: 64.31)
Support/Resistance:$2734.31 – $3046.95 (Bollinger Bands)

Technical conditions suggest Ajanta Pharma Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 70.06

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 89.54

Bearish
Overbought levels may trigger pullback.

Williams %R: -6.12

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 7.24

Strongly Bullish
Strong upside momentum.

Takeaway:Ajanta Pharma Limited shows overheated momentum, with risk of near-term pullback.

Trend & Volatility

MACD: 61.24

Bullish
Bullish, trend momentum is strengthening.

ADX: 31.39

Strong
Strong trend, momentum well established.

ATR (14): 64.31

Rising
Rising volatility, market activity increasing.

CCI (14): 126.34

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Ajanta Pharma Limited shows overheated trend conditions, with risk of sharp pullback.

Support & Resistance indicators
Bollinger Bands
Upper Band
$3046.95
Middle Band (SMA 20)
$2890.63
Lower Band
$2734.31
Current Position
Within Bands

Takeaway:Ajanta Pharma Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$3029.12
Middle Line (EMA 20)
$2900.50
Lower Channel
$2771.88
Squeeze Status
No Squeeze

Takeaway:Ajanta Pharma Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume3.29M
Money Flow Index88.99Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index64.82Bullish, price momentum strongly favors buyers.

Overall Takeaway:AJANTPHARM.NS shows overheated money flow, with risk of pullback from overbought conditions.

Technical Trading Signals Summary
Based on the current technical analysis of Ajanta Pharma Limited, 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.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Ajanta Pharma Limited stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

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