The short-term outlook is bullish for Ajanta Pharma. The stock is moving in a bull channel since November last year. The recent bounce has happened from just above the lower end of the channel. The chances are high for the stock go up towards the upper end of the channel from here. Support is in the broad ₹3,000-₹2,900 region which can limit the downside. Ajanta Pharma share price can rise to ₹3,350 in the coming weeks. Traders can buy Ajanta Pharma shares now at ₹3,073. Accumulate on dips at ₹3,010. Keep the stop-loss at ₹2,885. Trail the stop-loss up to ₹3,120 as soon as the stock goes up to ₹3,180. Revise the stop-loss higher to ₹3,230 and 3,290 when the price touches ₹3,270 and ₹3,320 respectively. Exit the long positions at ₹3,350.

Video Credit: Businessline

(Note: The recommendations are based on technical analysis. There is risk of loss in trading.)

Published on June 11, 2026