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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 2024-07-29 View latest technical analysis

10 day averaged volume of Indoco Remedies is 121809

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	329.70	323.10	336.20	323.10	1.708 times
26 Fri Jul 2024	322.90	324.30	326.85	320.05	0.925 times
25 Thu Jul 2024	324.15	321.20	327.95	320.00	0.731 times
24 Wed Jul 2024	322.00	316.70	324.30	316.70	0.906 times
23 Tue Jul 2024	319.45	327.50	329.95	317.00	3.214 times
22 Mon Jul 2024	325.90	326.00	331.70	323.60	0.463 times
19 Fri Jul 2024	326.60	336.80	338.25	325.00	0.586 times
18 Thu Jul 2024	336.60	341.40	342.00	333.00	0.677 times
16 Tue Jul 2024	339.70	334.05	342.00	332.15	1.436 times
15 Mon Jul 2024	331.25	333.95	336.00	330.00	0.634 times

My analysis of stock is bearish for shortterm, and stock might move down till 324.9 or till 314.3. Use a stoploss of 333.72 and if the stock hits stoploss, then it can shoot up till 342.57

Share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Target	286.60
Downside Target	295.15
Downside Target	316.70
Upside Target	336.20
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	323.13
Downside Intraday Target	316.57
Upside Intraday Target	336.23
Upside Intraday Target	342.77
Downside Intraday Target	329.67

Weekly technical analysis of Indoco Remedies (INDOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	329.70	323.10	336.20	323.10	0.274 times
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

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
29 Mon Jul 2024	329.70	326.50	358.00	316.70	1.713 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, 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 SELL signal for Indoco Remedies in short term and the sell 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. 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 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 326.7 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 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.