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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 2024-03-22 View latest technical analysis

10 day averaged volume of Indoco Remedies is 74683

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	334.80	336.40	339.40	332.50	0.379 times
21 Thu Mar 2024	336.40	337.00	345.00	334.10	0.475 times
20 Wed Mar 2024	336.35	335.20	339.60	328.40	0.58 times
19 Tue Mar 2024	331.00	335.05	339.70	329.00	0.732 times
18 Mon Mar 2024	330.90	325.95	339.70	325.00	1.81 times
15 Fri Mar 2024	325.95	330.30	339.45	324.85	0.699 times
14 Thu Mar 2024	333.50	321.05	342.75	321.05	1.112 times
13 Wed Mar 2024	322.85	348.00	350.45	318.40	1.948 times
12 Tue Mar 2024	338.35	335.40	344.00	330.40	0.942 times
11 Mon Mar 2024	335.40	342.15	346.90	333.55	0.711 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 330.1 as stoploss in an intra day buy trade for a target of 341.46. However, stock will show a bearish move below 330.1.

Share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Target	316.00
Downside Target	325.00
Upside Target	336.30
Upside Target	344.50
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	324.87
Downside Intraday Target	314.93
Upside Intraday Target	344.87
Upside Intraday Target	354.93
Upside Intraday Target	334.93

Weekly technical analysis of Indoco Remedies (INDOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	334.80	325.95	345.00	325.00	0.735 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
22 Fri Mar 2024	334.80	349.55	361.25	318.40	0.451 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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 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 gaining momentum.

MACD generated a BUY signal for Indoco Remedies in short term but the buy signal is initial and weak.

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. Bulls 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 but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 331.04 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.