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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 2024-07-25 View latest technical analysis

10 day averaged volume of Indoco Remedies is 128944

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	324.15	321.20	327.95	320.00	0.691 times
24 Wed Jul 2024	322.00	316.70	324.30	316.70	0.856 times
23 Tue Jul 2024	319.45	327.50	329.95	317.00	3.036 times
22 Mon Jul 2024	325.90	326.00	331.70	323.60	0.438 times
19 Fri Jul 2024	326.60	336.80	338.25	325.00	0.554 times
18 Thu Jul 2024	336.60	341.40	342.00	333.00	0.64 times
16 Tue Jul 2024	339.70	334.05	342.00	332.15	1.357 times
15 Mon Jul 2024	331.25	333.95	336.00	330.00	0.599 times
12 Fri Jul 2024	331.60	333.05	336.55	330.75	0.403 times
11 Thu Jul 2024	331.35	332.60	337.00	330.40	0.71 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 324.4, but if it comes above 324.4, then a intra day buy could be more profitable.
If you take a sell trade below 324.4, then use 324.4 as stoploss and 313.5 as target. However if you take a buy trade in stock , then use 324.4 as stoploss and 333.44 as target.

Share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Target	286.60
Downside Target	295.15
Downside Target	316.70
Upside Target	333.75
Upside Target	342.00
Upside 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	316.67
Downside Intraday Target	309.18
Upside Intraday Target	331.67
Upside Intraday Target	339.18
Upside Intraday Target	324.18

Weekly technical analysis of Indoco Remedies (INDOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	324.15	326.00	331.70	316.70	1.594 times
19 Fri Jul 2024	326.60	333.95	342.00	325.00	0.489 times
12 Fri Jul 2024	331.60	344.60	358.00	330.15	0.837 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

Price has moved down 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
25 Thu Jul 2024	324.15	326.50	358.00	316.70	1.541 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 down this month, and volume has increased substantially. This means that the move can 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Indoco Remedies in short term and the sell signal is strong.

Indoco Remedies Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Indoco Remedies in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 327.11 and Indoco Remedies (INDOCO) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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.