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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 2024-10-08 View latest technical analysis

10 day averaged volume of Indoco Remedies is 101601

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	336.65	328.25	342.95	324.60	0.584 times
07 Mon Oct 2024	329.65	335.05	341.25	328.20	1.107 times
04 Fri Oct 2024	334.65	343.65	350.70	331.15	1.843 times
03 Thu Oct 2024	339.55	348.00	351.50	337.35	0.895 times
01 Tue Oct 2024	348.50	360.30	360.30	345.20	0.726 times
30 Mon Sep 2024	358.55	357.90	363.95	352.85	0.605 times
27 Fri Sep 2024	357.05	367.25	369.40	353.00	2.227 times
26 Thu Sep 2024	365.40	369.15	370.95	364.00	0.572 times
25 Wed Sep 2024	365.50	373.10	374.60	362.55	0.675 times
24 Tue Sep 2024	372.70	377.90	379.50	367.10	0.576 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 346.8, but if it comes above 346.8, then a intra day buy could be more profitable.
If you take a sell trade below 346.8, then use 346.8 as stoploss and 328.2 as target. However if you take a buy trade in stock , then use 346.8 as stoploss and 362.2 as target.

Share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Target	286.60
Downside Target	315.15
Downside Target	324.60
Downside Target	331.15
Upside Target	342.95
Upside Target	352.85
Upside Target	364.90
Upside Target	370.00
Upside Target	371.05
Upside Target	380.00
Upside Target	383.00
Upside Target	385.75
Upside Target	387.55

Intraday share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Intraday Target	326.52
Downside Intraday Target	316.38
Upside Intraday Target	344.87
Upside Intraday Target	353.08
Downside Intraday Target	334.73

Weekly technical analysis of Indoco Remedies (INDOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	336.65	335.05	342.95	324.60	0.416 times
04 Fri Oct 2024	334.65	357.90	363.95	331.15	0.843 times
27 Fri Sep 2024	357.05	380.00	383.00	353.00	1.254 times
20 Fri Sep 2024	377.10	371.20	380.00	364.90	0.738 times
13 Fri Sep 2024	371.55	375.95	385.75	370.00	0.505 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
08 Tue Oct 2024	336.65	360.30	360.30	324.60	0.208 times
30 Mon Sep 2024	358.55	362.50	387.55	352.85	0.757 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

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 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 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 SELL. Signal strength is Strong 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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

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