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(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 142570

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	330.90	329.00	335.70	328.50	0.266 times
18 Thu Apr 2024	331.85	333.00	337.95	331.00	0.464 times
16 Tue Apr 2024	332.75	336.20	343.45	329.85	0.749 times
15 Mon Apr 2024	339.30	340.00	344.00	338.00	0.289 times
12 Fri Apr 2024	346.75	348.60	354.45	343.70	0.428 times
10 Wed Apr 2024	352.65	349.90	354.65	342.55	0.86 times
09 Tue Apr 2024	348.30	350.50	350.65	344.80	0.209 times
08 Mon Apr 2024	348.85	350.90	353.00	346.00	0.536 times
05 Fri Apr 2024	349.70	349.85	372.00	347.50	4.754 times
04 Thu Apr 2024	343.85	343.00	352.10	337.00	0.744 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 331.8, but if it comes above 331.8, then a intra day buy could be more profitable.
If you take a sell trade below 331.8, then use 331.8 as stoploss and 323.3 as target. However if you take a buy trade in stock , then use 331.8 as stoploss and 339.01 as target.

Share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Target	318.40
Downside Target	325.00
Upside Target	342.55
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	324.93
Downside Intraday Target	318.97
Upside Intraday Target	340.43
Upside Intraday Target	349.97
Upside Intraday Target	334.47

Weekly technical analysis of Indoco Remedies (INDOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
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
22 Fri Mar 2024	334.80	325.95	345.00	325.00	0.735 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Indoco Remedies (INDOCO)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	330.90	329.55	372.00	328.50	1.359 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 up this month, but volume has not increased substantially. This means that the move can be temporary and might not 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 BUY. 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Indoco Remedies in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 346.17 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.