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Ajanta Pharma Limited

AJANTPHARM.NS Technical Analysis Summary (NSE)

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

AJANTPHARM.NSNSE
HealthcareDrug Manufacturers - Specialty & Generic
3323.00
46.50(1.38%)
Indian Market is Open · 12:47

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AJANTPHARM.NS Technical Analysis Summary (NSE)

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

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 53.65)
Trend Strength:Very Strong (ADX: 42.38)
Volatility:Medium (ATR: 106.89)
Support/Resistance:$3259.21 – $3532.80 (Bollinger Bands)

Technical conditions suggest Ajanta Pharma Limited on the NSE is awaiting a decisive move. Overall, Ajanta Pharma Limited shows bullish strength, supported by steady momentum and volume.

Momentum Indicators

RSI (14): 53.65

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 41.77

Neutral
Mid-range signal with no clear trend.

Williams %R: -61.83

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 2.16

Bullish
Steady upward momentum.

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

Trend & Volatility

MACD: 67.05

Bullish
Bullish, trend momentum is strengthening.

ADX: 42.38

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 106.89

Rising
Rising volatility, market activity increasing.

CCI (14): -10.12

Neutral
Neutral, no strong directional signal.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$3532.80
Middle Band (SMA 20)
$3396.01
Lower Band
$3259.21
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$3589.45
Middle Line (EMA 20)
$3375.66
Lower Channel
$3161.87
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 Volume2.80M
Money Flow Index65.99Bullish, inflows support continued momentum.
Relative Vigor Index45.59Neutral to Bearish, sellers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Ajanta Pharma Limited (NSE: AJANTPHARM.NS), 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.

RVI below 50 → vigor tilted toward sellers.

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

(NSE: AJANTPHARM.NS) Technical Analysis FAQ