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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 2024-08-30 View latest technical analysis

10 day averaged volume of Indoco Remedies is 237871

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	361.45	365.25	371.05	360.00	0.804 times
29 Thu Aug 2024	365.25	362.60	368.80	361.20	0.62 times
28 Wed Aug 2024	365.70	364.90	367.65	361.30	0.485 times
27 Tue Aug 2024	364.60	357.50	369.75	357.50	0.945 times
26 Mon Aug 2024	360.75	365.00	367.15	357.70	0.495 times
23 Fri Aug 2024	363.75	361.00	365.00	359.50	1.31 times
22 Thu Aug 2024	360.80	355.00	363.40	350.90	1.731 times
21 Wed Aug 2024	351.85	335.15	354.00	335.15	3.752 times
20 Tue Aug 2024	335.75	334.30	338.00	329.05	0.392 times
19 Mon Aug 2024	330.35	327.10	332.95	325.85	0.145 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 358.5, but if it comes below 358.5, then a intra day sell could be more profitable.
If you take a sell trade below 358.5, then use 358.5 as stoploss and 340.2 as target. However if you take a buy trade in stock , then use 358.5 as stoploss and 380.6 as target.

Share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Target	286.60
Downside Target	295.15
Downside Target	315.15
Downside Target	338.80
Downside Target	345.25
Downside Target	357.50
Downside Target	358.00
Upside Target	365.00
Upside Target	371.05
Upside Target	372.00

Intraday share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Intraday Target	355.62
Downside Intraday Target	349.78
Upside Intraday Target	369.17
Upside Intraday Target	376.88
Upside Intraday Target	363.33

Weekly technical analysis of Indoco Remedies (INDOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	361.45	365.00	371.05	357.50	0.457 times
23 Fri Aug 2024	363.75	327.10	365.00	325.85	6.598 times
16 Fri Aug 2024	326.90	323.00	338.40	321.20	0.729 times
09 Fri Aug 2024	321.95	320.95	332.00	315.15	0.655 times
02 Fri Aug 2024	325.75	323.10	338.80	323.10	0.728 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
30 Fri Aug 2024	361.45	337.45	371.05	315.15	0.986 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 up 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 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Indoco Remedies in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Indoco Remedies Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above 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 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 357.55 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 is giving positive 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.