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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 2024-04-05 View latest technical analysis

10 day averaged volume of Indoco Remedies is 84817

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	349.70	349.85	372.00	347.50	7.992 times
04 Thu Apr 2024	343.85	343.00	352.10	337.00	1.251 times
03 Wed Apr 2024	343.25	341.45	349.80	338.80	1.625 times
02 Tue Apr 2024	339.95	339.30	343.90	337.75	0.58 times
01 Mon Apr 2024	339.30	329.55	354.80	329.55	1.954 times
28 Thu Mar 2024	328.65	337.85	338.80	327.45	0.889 times
27 Wed Mar 2024	333.90	333.30	338.70	331.35	0.807 times
26 Tue Mar 2024	331.60	341.00	347.90	330.00	1.63 times
22 Fri Mar 2024	334.80	336.40	339.40	332.50	0.334 times
21 Thu Mar 2024	336.40	337.00	345.00	334.10	0.418 times

Stock of Indoco Remedies (INDOCO) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 349.7, for a target of 342.1 or 335.85

Share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Target	318.40
Downside Target	325.00
Downside Target	336.30
Downside Target	345.00
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	328.83
Downside Intraday Target	307.97
Upside Intraday Target	371.28
Upside Intraday Target	392.87
Upside Intraday Target	350.42

Weekly technical analysis of Indoco Remedies (INDOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
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
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, 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
05 Fri Apr 2024	349.70	329.55	372.00	329.55	0.92 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 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 to mid 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 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. Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a buy signal for Indoco Remedies in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling 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 343.1 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.