Is Ajanta Pharma technically bullish or bearish?

Sep 16 2025 08:09 AM IST
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As of September 15, 2025, Ajanta Pharma's technical trend has shifted to bearish with moderate strength, indicated by bearish MACD, moving averages, and Bollinger Bands, while the stock has notably underperformed against the Sensex.
As of 15 September 2025, the technical trend for Ajanta Pharma has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include a bearish MACD on the weekly chart, bearish moving averages on the daily chart, and bearish Bollinger Bands on the weekly timeframe. The KST is mildly bearish on both weekly and monthly charts, while the Dow Theory shows a mixed signal with weekly mildly bullish and monthly mildly bearish. The stock has underperformed significantly against the Sensex over multiple periods, particularly year-to-date and over the past year.
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