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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 2024-09-04 View latest technical analysis

10 day averaged volume of Indoco Remedies is 269686

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	374.60	362.00	382.40	357.00	1.273 times
03 Tue Sep 2024	359.75	362.60	362.95	358.50	0.826 times
02 Mon Sep 2024	361.10	362.50	365.00	355.35	0.229 times
30 Fri Aug 2024	361.45	365.25	371.05	360.00	0.709 times
29 Thu Aug 2024	365.25	362.60	368.80	361.20	0.547 times
28 Wed Aug 2024	365.70	364.90	367.65	361.30	0.428 times
27 Tue Aug 2024	364.60	357.50	369.75	357.50	0.833 times
26 Mon Aug 2024	360.75	365.00	367.15	357.70	0.437 times
23 Fri Aug 2024	363.75	361.00	365.00	359.50	1.156 times
22 Thu Aug 2024	360.80	355.00	363.40	350.90	1.526 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 365.1, but if it comes below 365.1, then a intra day sell could be more profitable.
If you take a sell trade below 365.1, then use 365.1 as stoploss and 346.96 as target. However if you take a buy trade in stock , then use 365.1 as stoploss and 386.8 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	345.25
Downside Target	355.35
Downside Target	357.50
Downside Target	358.00
Downside Target	365.00
Downside Target	371.05
Upside Target	382.40

Intraday share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Intraday Target	359.17
Downside Intraday Target	343.73
Upside Intraday Target	386.22
Upside Intraday Target	397.83
Downside Intraday Target	370.78

Weekly technical analysis of Indoco Remedies (INDOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	374.60	362.50	382.40	355.35	0.788 times
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

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
04 Wed Sep 2024	374.60	362.50	382.40	355.35	0.188 times
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

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 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 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 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 364.36 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.