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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 2024-04-09 View latest technical analysis

10 day averaged volume of Indoco Remedies is 152367

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	348.30	350.50	350.65	344.80	0.195 times
08 Mon Apr 2024	348.85	350.90	353.00	346.00	0.502 times
05 Fri Apr 2024	349.70	349.85	372.00	347.50	4.449 times
04 Thu Apr 2024	343.85	343.00	352.10	337.00	0.696 times
03 Wed Apr 2024	343.25	341.45	349.80	338.80	0.905 times
02 Tue Apr 2024	339.95	339.30	343.90	337.75	0.323 times
01 Mon Apr 2024	339.30	329.55	354.80	329.55	1.088 times
28 Thu Mar 2024	328.65	337.85	338.80	327.45	0.495 times
27 Wed Mar 2024	333.90	333.30	338.70	331.35	0.449 times
26 Tue Mar 2024	331.60	341.00	347.90	330.00	0.908 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 343.9, but if it comes below 343.9, then a intra day sell could be more profitable.
If you take a sell trade below 343.9, then use 343.9 as stoploss and 336.64 as target. However if you take a buy trade in stock , then use 343.9 as stoploss and 352.6 as target.

Share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Target	318.40
Downside Target	325.00
Downside Target	344.80
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	344.4
Downside Intraday Target	340.5
Upside Intraday Target	352.6
Upside Intraday Target	356.9
Upside Intraday Target	348.7

Weekly technical analysis of Indoco Remedies (INDOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	348.30	350.90	353.00	344.80	0.093 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
15 Fri Mar 2024	325.95	342.15	350.45	318.40	1.881 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
09 Tue Apr 2024	348.30	329.55	372.00	329.55	1.006 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 losing 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 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

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 343.8 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.