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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.

Showing technical analysis as on 2024-03-20 View latest technical analysis

10 day averaged volume of Indoco Remedies is 77891

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	336.35	335.20	339.60	328.40	0.556 times
19 Tue Mar 2024	331.00	335.05	339.70	329.00	0.702 times
18 Mon Mar 2024	330.90	325.95	339.70	325.00	1.735 times
15 Fri Mar 2024	325.95	330.30	339.45	324.85	0.671 times
14 Thu Mar 2024	333.50	321.05	342.75	321.05	1.066 times
13 Wed Mar 2024	322.85	348.00	350.45	318.40	1.868 times
12 Tue Mar 2024	338.35	335.40	344.00	330.40	0.903 times
11 Mon Mar 2024	335.40	342.15	346.90	333.55	0.682 times
07 Thu Mar 2024	341.65	336.30	352.35	336.30	0.95 times
06 Wed Mar 2024	339.70	343.65	346.50	338.00	1.123 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 330.4 as stoploss in an intra day buy trade for a target of 345.47. However, stock will show a bearish move below 330.4.

Share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Target	316.00
Downside Target	325.00
Downside Target	336.30
Upside Target	361.25
Upside Target	362.00
Upside Target	370.00
Upside Target	379.00
Upside Target	380.75
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	327.67
Downside Intraday Target	318.98
Upside Intraday Target	342.37
Upside Intraday Target	348.38
Downside Intraday Target	333.68

Weekly technical analysis of Indoco Remedies (INDOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	336.35	325.95	339.70	325.00	0.577 times
15 Fri Mar 2024	325.95	342.15	350.45	318.40	1.881 times
07 Thu Mar 2024	341.65	354.10	355.90	336.30	0.721 times
02 Sat Mar 2024	354.85	379.00	379.00	344.50	0.952 times
23 Fri Feb 2024	374.80	364.00	380.75	357.60	0.329 times

Price has moved up 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
20 Wed Mar 2024	336.35	349.55	361.25	318.40	0.421 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
29 Fri Dec 2023	395.20	362.00	412.55	362.00	2.216 times

Scroll below to view daily charts

Price has moved down 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 Strong and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Indoco Remedies Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 332.6 and Indoco Remedies (INDOCO) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.