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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 2024-07-08 View latest technical analysis

10 day averaged volume of Indoco Remedies is 130901

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Jul 2024	346.45	344.60	358.00	342.10	1.966 times
05 Fri Jul 2024	346.95	349.85	349.85	342.00	0.565 times
04 Thu Jul 2024	347.45	346.65	349.70	342.40	0.588 times
03 Wed Jul 2024	344.85	346.50	354.40	343.85	1.719 times
02 Tue Jul 2024	344.80	334.65	351.95	331.60	3.755 times
01 Mon Jul 2024	331.60	326.50	332.70	323.80	0.945 times
28 Fri Jun 2024	324.80	323.00	326.15	319.40	0.361 times
27 Thu Jun 2024	322.05	328.00	328.00	321.05	0.406 times
26 Wed Jun 2024	326.35	326.90	328.45	325.00	0.362 times
25 Tue Jun 2024	326.35	328.30	331.50	325.20	0.554 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 339.8, but if it comes below 339.8, then a intra day sell could be more profitable.
If you take a sell trade below 339.8, then use 339.8 as stoploss and 330.73 as target. However if you take a buy trade in stock , then use 339.8 as stoploss and 350.7 as target.

Share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Target	286.60
Downside Target	295.15
Downside Target	318.40
Downside Target	333.75
Downside Target	342.10
Downside Target	345.25
Upside Target	354.40
Upside Target	358.00
Upside Target	361.25
Upside Target	372.00

Intraday share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Intraday Target	339.7
Downside Intraday Target	332.95
Upside Intraday Target	355.6
Upside Intraday Target	364.75
Upside Intraday Target	348.85

Weekly technical analysis of Indoco Remedies (INDOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Jul 2024	346.45	344.60	358.00	342.10	0.26 times
05 Fri Jul 2024	346.95	326.50	354.40	323.80	3.119 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

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
08 Mon Jul 2024	346.45	326.50	358.00	323.80	0.669 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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 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 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 341.26 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.