Overall Technical outlook

* AJANTPHARM makes the list of companies with the best fundamentals at present.

Price Summary

Ajanta Pharma Limited had a phenomenal day at the stock market, and its shares surged 2.64%.
Ajanta Pharma Limited's stock, on 2025-06-12 opened at 2660.0, climbed to a high of 2764.6, dropped to a low of 2660.0, and closed up 2.64% at 2730.3, with 505099 shares traded.
Over the previous 52 weeks, the stock reached a high of 3426.5 and a low of 2201.85.
The future price of AJANTPHARM is anticipated to range from 2288.0 to 3460.0, with an expected mean price of 3020.1667, according to the recommendations of 12 analysts.

Technicals

Support and Resistance: The price is currently at 2730.3, supported by 2568.65 and resisted by 2790.9. This indicates a range where 2568.65 may provide a base for the price, while 2790.9 serves as a cap on further upward movement for AJANTPHARM.
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Support/Resistance for AJANTPHARM


Aroon: The AROON indicator suggests a robust bullish trend, with the Aroon Up rising and the Aroon Oscillator reversing. This indicates a potential upward trend reversal, signaling that market sentiment is becoming more positive. Investors may anticipate continued upward movement, as the AROON's signals point to a shift in market dynamics favoring a bullish outlook.
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Aroon chart for Ajanta Pharma Limited


Bol. Bands: The current price has recently moved above the upper Bollinger Band, marking a bullish signal. This breakout indicates that the market is experiencing heightened buying interest, pushing prices for AJANTPHARM beyond their usual range. Such a move is often viewed as a sign of increasing momentum, with the potential for further price gains.
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Bolinger Bands chart for Ajanta Pharma Limited


Parabolic SAR: The PSAR's shift from bearish to bullish could indicate a trend change. When interpreted alongside other indicators, this reversal may signal a strong bullish trend if supported by broader market movements. Investors should watch for further confirmation before making investment decisions.
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Parabolic Stop and Reverse chart for Ajanta Pharma Limited


Stochastic: The STOCHASTIC is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move.
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Stochastic chart for Ajanta Pharma Limited


Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market.
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Tripple SMA chart for Ajanta Pharma Limited


To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.