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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 2024-08-02 View latest technical analysis

10 day averaged volume of Indoco Remedies is 130039

Date	Daily Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	325.75	330.40	333.60	324.95	0.651 times
01 Thu Aug 2024	330.85	337.45	338.80	329.05	0.606 times
31 Wed Jul 2024	332.45	328.00	333.00	328.00	0.523 times
30 Tue Jul 2024	326.00	329.70	334.00	324.10	0.877 times
29 Mon Jul 2024	329.70	323.10	336.20	323.10	1.6 times
26 Fri Jul 2024	322.90	324.30	326.85	320.05	0.866 times
25 Thu Jul 2024	324.15	321.20	327.95	320.00	0.685 times
24 Wed Jul 2024	322.00	316.70	324.30	316.70	0.849 times
23 Tue Jul 2024	319.45	327.50	329.95	317.00	3.011 times
22 Mon Jul 2024	325.90	326.00	331.70	323.60	0.434 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 323.6 as stoploss in an intra day buy trade for a target of 331.04. However, stock will show a bearish move below 323.6.

Share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Target	286.60
Downside Target	295.15
Downside Target	316.70
Downside Target	323.10
Upside Target	338.80
Upside Target	342.00
Upside Target	345.25
Upside Target	354.40
Upside Target	358.00
Upside Target	372.00

Intraday share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Intraday Target	319.63
Downside Intraday Target	313.52
Upside Intraday Target	335.33
Upside Intraday Target	344.92
Upside Intraday Target	329.22

Weekly technical analysis of Indoco Remedies (INDOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	325.75	323.10	338.80	323.10	0.728 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
02 Fri Aug 2024	325.75	337.45	338.80	324.95	0.048 times
31 Wed Jul 2024	332.45	326.50	358.00	316.70	1.811 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

Scroll below to view daily charts

Price has moved down 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 neutral. A longer time frame might give a better analysis.

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 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 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 in or below the green cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 324.51 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 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.