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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 2024-06-21 View latest technical analysis

10 day averaged volume of Indoco Remedies is 99561

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	327.05	326.25	333.75	324.95	2.26 times
20 Thu Jun 2024	325.20	326.95	333.00	323.60	1.403 times
19 Wed Jun 2024	325.30	325.15	326.95	323.00	0.678 times
18 Tue Jun 2024	324.55	326.50	329.75	322.35	0.894 times
14 Fri Jun 2024	326.15	327.00	329.50	324.50	0.843 times
13 Thu Jun 2024	325.15	324.85	326.95	324.00	0.622 times
12 Wed Jun 2024	324.30	324.10	326.15	322.30	0.669 times
11 Tue Jun 2024	324.05	323.00	326.95	322.20	0.627 times
10 Mon Jun 2024	323.00	325.00	327.20	321.10	0.92 times
07 Fri Jun 2024	321.10	320.00	324.00	318.30	1.131 times

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

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 325.9, but if it comes below 325.9, then a intra day sell could be more profitable.
If you take a sell trade below 325.9, then use 325.9 as stoploss and 317.19 as target. However if you take a buy trade in stock , then use 325.9 as stoploss and 336.3 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	333.75
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	321.68
Downside Intraday Target	316.32
Upside Intraday Target	333.08
Upside Intraday Target	339.12
Upside Intraday Target	327.72

Weekly technical analysis of Indoco Remedies (INDOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	327.05	326.50	333.75	322.35	1.422 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 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
21 Fri Jun 2024	327.05	303.10	333.75	286.60	0.391 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 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 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 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 green color and prices are above the green 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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 324.85 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.