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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 2024-04-02 View latest technical analysis

10 day averaged volume of Indoco Remedies is 79710

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	339.95	339.30	343.90	337.75	0.618 times
01 Mon Apr 2024	339.30	329.55	354.80	329.55	2.08 times
28 Thu Mar 2024	328.65	337.85	338.80	327.45	0.946 times
27 Wed Mar 2024	333.90	333.30	338.70	331.35	0.859 times
26 Tue Mar 2024	331.60	341.00	347.90	330.00	1.735 times
22 Fri Mar 2024	334.80	336.40	339.40	332.50	0.355 times
21 Thu Mar 2024	336.40	337.00	345.00	334.10	0.445 times
20 Wed Mar 2024	336.35	335.20	339.60	328.40	0.543 times
19 Tue Mar 2024	331.00	335.05	339.70	329.00	0.686 times
18 Mon Mar 2024	330.90	325.95	339.70	325.00	1.696 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 343.4 as stoploss in an intra day sell trade for a target of 336.28. However, stock will show a bullish move above 343.4.

Share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Target	318.40
Downside Target	325.00
Downside Target	336.30
Upside Target	345.00
Upside Target	354.80
Upside Target	355.90
Upside Target	360.00
Upside Target	361.25
Upside Target	362.00
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	328.07
Downside Intraday Target	316.18
Upside Intraday Target	353.32
Upside Intraday Target	366.68
Upside Intraday Target	341.43

Weekly technical analysis of Indoco Remedies (INDOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	339.95	329.55	354.80	329.55	0.762 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
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

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
02 Tue Apr 2024	339.95	329.55	354.80	329.55	0.174 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 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 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 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 Strong 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. 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 SELL signal for Indoco Remedies in short term but SELL 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 334.07 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 rising upwards.

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 is giving positive 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.