Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(INDOCO) Indoco Remedies complete technical analysis [charts+indicators] | Buy/Sell Indoco Remedies | (INDOCO) share price targets

Complete technical analysis of Indoco Remedies (INDOCO) by charts plus indicators, forecast predictions and share price targets for Indoco Remedies (INDOCO)

Indoco Remedies trades in NSE in Pharmaceuticals sector.

10 day averaged volume of Indoco Remedies is 86018

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	328.60	325.70	329.95	325.10	0.489 times
25 Thu Apr 2024	324.05	331.95	332.00	323.10	2.228 times
24 Wed Apr 2024	329.00	332.75	335.65	328.20	1.017 times
23 Tue Apr 2024	329.45	329.70	334.10	328.50	0.545 times
22 Mon Apr 2024	328.00	332.95	336.55	326.85	1.146 times
19 Fri Apr 2024	330.90	329.00	335.70	328.50	0.44 times
18 Thu Apr 2024	331.85	333.00	337.95	331.00	0.769 times
16 Tue Apr 2024	332.75	336.20	343.45	329.85	1.242 times
15 Mon Apr 2024	339.30	340.00	344.00	338.00	0.48 times
12 Fri Apr 2024	346.75	348.60	354.45	343.70	0.709 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 328.9, but if it comes above 328.9, then a intra day buy could be more profitable.
If you take a sell trade below 328.9, then use 328.9 as stoploss and 318.6 as target. However if you take a buy trade in stock , then use 328.9 as stoploss and 337.45 as target.

Share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Target	318.40
Upside Target	336.55
Upside Target	354.65
Upside Target	360.00
Upside Target	361.25
Upside Target	362.00
Upside Target	372.00
Upside Target	386.00
Upside Target	412.55
Upside Target	415.00

Intraday share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Intraday Target	322.28
Downside Intraday Target	315.97
Upside Intraday Target	335.73
Upside Intraday Target	342.87
Upside Intraday Target	329.42

Weekly technical analysis of Indoco Remedies (INDOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	328.60	332.95	336.55	323.10	1.851 times
19 Fri Apr 2024	330.90	340.00	344.00	328.50	0.87 times
12 Fri Apr 2024	346.75	350.90	354.65	342.55	0.255 times
05 Fri Apr 2024	349.70	329.55	372.00	329.55	4.029 times
28 Thu Mar 2024	328.65	341.00	347.90	327.45	0.95 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Indoco Remedies (INDOCO)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	328.60	329.55	372.00	323.10	1.737 times
28 Thu Mar 2024	328.65	349.55	361.25	318.40	0.584 times
29 Thu Feb 2024	349.20	372.20	386.00	329.45	0.49 times
31 Wed Jan 2024	372.30	395.90	415.00	360.00	0.788 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Indoco Remedies (INDOCO)

Price action analysis of Indoco Remedies ( (INDOCO) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Indoco Remedies ( (INDOCO) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Indoco Remedies ( (INDOCO) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Indoco Remedies stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Indoco Remedies in short term and the sell signal is strong.

Indoco Remedies Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Indoco Remedies in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Indoco Remedies is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 330.44 and Indoco Remedies (INDOCO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Indoco Remedies (INDOCO) stock. Volume based technical analysis of Indoco Remedies (INDOCO) stock is negative.

Indoco Remedies Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.