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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 2024-08-06 View latest technical analysis

10 day averaged volume of Indoco Remedies is 135985

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	316.80	321.50	332.00	315.15	1.019 times
05 Mon Aug 2024	317.55	320.95	324.60	316.70	0.755 times
02 Fri Aug 2024	325.75	330.40	333.60	324.95	0.622 times
01 Thu Aug 2024	330.85	337.45	338.80	329.05	0.58 times
31 Wed Jul 2024	332.45	328.00	333.00	328.00	0.5 times
30 Tue Jul 2024	326.00	329.70	334.00	324.10	0.839 times
29 Mon Jul 2024	329.70	323.10	336.20	323.10	1.53 times
26 Fri Jul 2024	322.90	324.30	326.85	320.05	0.828 times
25 Thu Jul 2024	324.15	321.20	327.95	320.00	0.655 times
24 Wed Jul 2024	322.00	316.70	324.30	316.70	0.812 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 321.6, but if it comes above 321.6, then a intra day buy could be more profitable.
If you take a sell trade below 321.6, then use 321.6 as stoploss and 313.9 as target. However if you take a buy trade in stock , then use 321.6 as stoploss and 328.09 as target.

Share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Target	286.60
Downside Target	295.15
Downside Target	315.15
Upside Target	323.10
Upside Target	333.75
Upside Target	338.80
Upside Target	342.00
Upside Target	345.25
Upside Target	358.00
Upside Target	372.00

Intraday share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Intraday Target	310.63
Downside Intraday Target	304.47
Upside Intraday Target	327.48
Upside Intraday Target	338.17
Upside Intraday Target	321.32

Weekly technical analysis of Indoco Remedies (INDOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	316.80	320.95	332.00	315.15	0.436 times
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

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
06 Tue Aug 2024	316.80	337.45	338.80	315.15	0.12 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 gaining 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 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 buy signal for Indoco Remedies in short term but BUY signal is weak.

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 324.62 and Indoco Remedies (INDOCO) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

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