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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 2024-06-06 View latest technical analysis

10 day averaged volume of Indoco Remedies is 231600

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	317.15	311.20	321.00	311.20	0.952 times
05 Wed Jun 2024	310.20	298.40	312.00	298.20	0.429 times
04 Tue Jun 2024	298.30	305.20	308.70	286.60	0.731 times
03 Mon Jun 2024	305.20	303.10	309.40	303.10	0.252 times
31 Fri May 2024	300.45	310.55	312.15	295.15	3.144 times
30 Thu May 2024	310.55	312.20	312.85	306.05	0.724 times
29 Wed May 2024	312.20	314.85	316.60	311.35	0.241 times
28 Tue May 2024	314.85	319.00	319.55	312.05	0.602 times
27 Mon May 2024	317.95	312.15	319.30	310.00	1.351 times
24 Fri May 2024	311.00	313.65	316.20	310.35	0.369 times

My analysis of stock is bullish for shortterm, and stock might move up till 322.7 or till 332.1. Use a stoploss of 314.89 and if this stock hits its stoploss, then it can fall down till 307.07

Share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Target	286.60
Downside Target	295.15
Downside Target	310.20
Upside Target	325.00
Upside Target	329.45
Upside Target	344.95
Upside Target	345.25
Upside Target	361.25
Upside Target	372.00
Upside Target	386.00

Intraday share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Intraday Target	295.5
Downside Intraday Target	273.85
Upside Intraday Target	329.9
Upside Intraday Target	342.65
Downside Intraday Target	308.25

Weekly technical analysis of Indoco Remedies (INDOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	317.15	303.10	321.00	286.60	0.39 times
31 Fri May 2024	300.45	312.15	319.55	295.15	1.571 times
24 Fri May 2024	311.00	325.00	325.00	310.20	1.225 times
18 Sat May 2024	321.70	321.55	345.25	315.55	1.204 times
10 Fri May 2024	320.05	340.70	344.95	318.40	1.064 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
06 Thu Jun 2024	317.15	303.10	321.00	286.60	0.138 times
31 Fri May 2024	300.45	328.10	345.25	295.15	1.657 times
30 Tue Apr 2024	326.95	329.55	372.00	323.10	1.934 times
28 Thu Mar 2024	328.65	349.55	361.25	318.40	0.584 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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. 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 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 307.96 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 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.