Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-04-10 View latest technical analysis

10 day averaged volume of Indoco Remedies is 152510

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Apr 2024	352.65	349.90	354.65	342.55	0.804 times
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	0.501 times
05 Fri Apr 2024	349.70	349.85	372.00	347.50	4.444 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	0.904 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	1.087 times
28 Thu Mar 2024	328.65	337.85	338.80	327.45	0.494 times
27 Wed Mar 2024	333.90	333.30	338.70	331.35	0.449 times

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 355.2, for a target of 345.6 or 337.51

Share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Target	318.40
Downside Target	325.00
Downside Target	342.55
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	345.25
Downside Intraday Target	337.85
Upside Intraday Target	357.35
Upside Intraday Target	362.05
Downside Intraday Target	349.95

Weekly technical analysis of Indoco Remedies (INDOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Apr 2024	352.65	350.90	354.65	342.55	0.201 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 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
10 Wed Apr 2024	352.65	329.55	372.00	329.55	1.106 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 stronger in this stock.

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 BUY signal in short term but buying is losing 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 345.64 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.