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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 2024-07-26 View latest technical analysis

10 day averaged volume of Indoco Remedies is 119699

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	322.90	324.30	326.85	320.05	0.941 times
25 Thu Jul 2024	324.15	321.20	327.95	320.00	0.744 times
24 Wed Jul 2024	322.00	316.70	324.30	316.70	0.922 times
23 Tue Jul 2024	319.45	327.50	329.95	317.00	3.271 times
22 Mon Jul 2024	325.90	326.00	331.70	323.60	0.472 times
19 Fri Jul 2024	326.60	336.80	338.25	325.00	0.596 times
18 Thu Jul 2024	336.60	341.40	342.00	333.00	0.689 times
16 Tue Jul 2024	339.70	334.05	342.00	332.15	1.462 times
15 Mon Jul 2024	331.25	333.95	336.00	330.00	0.645 times
12 Fri Jul 2024	331.60	333.05	336.55	330.75	0.435 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 324.5, but if it comes above 324.5, then a intra day buy could be more profitable.
If you take a sell trade below 324.5, then use 324.5 as stoploss and 313.6 as target. However if you take a buy trade in stock , then use 324.5 as stoploss and 333.48 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	315.83
Downside Intraday Target	308.77
Upside Intraday Target	330.83
Upside Intraday Target	338.77
Upside Intraday Target	323.77

Weekly technical analysis of Indoco Remedies (INDOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	322.90	326.00	331.70	316.70	1.872 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
26 Fri Jul 2024	322.90	326.50	358.00	316.70	1.601 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 neutral. A longer time frame might give a better analysis.

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 coming down

CCI has generated a SELL signal for Indoco Remedies in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 326.4 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 negative.

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