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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 2024-07-02 View latest technical analysis

10 day averaged volume of Indoco Remedies is 96265

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	344.80	334.65	351.95	331.60	5.106 times
01 Mon Jul 2024	331.60	326.50	332.70	323.80	1.286 times
28 Fri Jun 2024	324.80	323.00	326.15	319.40	0.49 times
27 Thu Jun 2024	322.05	328.00	328.00	321.05	0.552 times
26 Wed Jun 2024	326.35	326.90	328.45	325.00	0.492 times
25 Tue Jun 2024	326.35	328.30	331.50	325.20	0.754 times
24 Mon Jun 2024	328.25	326.85	331.45	325.20	1.013 times
21 Fri Jun 2024	327.05	326.25	333.75	324.95	2.337 times
20 Thu Jun 2024	325.20	326.95	333.00	323.60	1.451 times
19 Wed Jun 2024	325.30	325.15	326.95	323.00	0.701 times

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

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 342.5, for a target of 332.3 or 323.79

Share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Target	286.60
Downside Target	295.15
Downside Target	318.40
Downside Target	331.50
Downside Target	333.75
Upside Target	345.25
Upside Target	351.95
Upside Target	361.25
Upside Target	372.00

Intraday share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Intraday Target	328.42
Downside Intraday Target	312.03
Upside Intraday Target	356.57
Upside Intraday Target	368.33
Downside Intraday Target	340.18

Weekly technical analysis of Indoco Remedies (INDOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	344.80	326.50	351.95	323.80	1.936 times
28 Fri Jun 2024	324.80	326.85	331.50	319.40	0.61 times
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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Indoco Remedies (INDOCO)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	344.80	326.50	351.95	323.80	0.33 times
28 Fri Jun 2024	324.80	303.10	333.75	286.60	0.471 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

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 neutral. A longer time frame might give a better analysis.

Price action analysis of Indoco Remedies ( (INDOCO) ) based on a short to mid 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 and the buy signal is strong.

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 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 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 333.33 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.