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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 2024-06-18 View latest technical analysis

10 day averaged volume of Indoco Remedies is 102638

Date	Daily Closing Price	Open	High	Low	Volume
18 Tue Jun 2024	324.55	326.50	329.75	322.35	0.867 times
14 Fri Jun 2024	326.15	327.00	329.50	324.50	0.818 times
13 Thu Jun 2024	325.15	324.85	326.95	324.00	0.603 times
12 Wed Jun 2024	324.30	324.10	326.15	322.30	0.649 times
11 Tue Jun 2024	324.05	323.00	326.95	322.20	0.608 times
10 Mon Jun 2024	323.00	325.00	327.20	321.10	0.892 times
07 Fri Jun 2024	321.10	320.00	324.00	318.30	1.097 times
06 Thu Jun 2024	317.15	311.20	321.00	311.20	2.148 times
05 Wed Jun 2024	310.20	298.40	312.00	298.20	0.968 times
04 Tue Jun 2024	298.30	305.20	308.70	286.60	1.648 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 323.3, but if it comes below 323.3, then a intra day sell could be more profitable.
If you take a sell trade below 323.3, then use 323.3 as stoploss and 315.36 as target. However if you take a buy trade in stock , then use 323.3 as stoploss and 332.8 as target.

Share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Target	286.60
Downside Target	295.15
Downside Target	310.20
Downside Target	318.40
Upside Target	329.45
Upside Target	329.50
Upside Target	329.75
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	321.35
Downside Intraday Target	318.15
Upside Intraday Target	328.75
Upside Intraday Target	332.95
Upside Intraday Target	325.55

Weekly technical analysis of Indoco Remedies (INDOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Tue Jun 2024	324.55	326.50	329.75	322.35	0.243 times
14 Fri Jun 2024	326.15	325.00	329.50	321.10	0.555 times
07 Fri Jun 2024	321.10	303.10	324.00	286.60	0.47 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

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
18 Tue Jun 2024	324.55	303.10	329.75	286.60	0.282 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 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 SELL. Signal strength is Weak 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 SELL signal in short term but selling 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 317.07 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.