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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 2024-10-15 View latest technical analysis

10 day averaged volume of Indoco Remedies is 133999

Date	Daily Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	336.05	335.00	341.85	334.50	0.515 times
14 Mon Oct 2024	335.90	332.00	338.10	325.00	2.073 times
11 Fri Oct 2024	337.30	341.80	343.30	335.00	0.549 times
10 Thu Oct 2024	340.40	342.05	343.60	337.05	1.964 times
09 Wed Oct 2024	341.85	338.35	345.80	334.40	1.048 times
08 Tue Oct 2024	336.65	328.25	342.95	324.60	0.443 times
07 Mon Oct 2024	329.65	335.05	341.25	328.20	0.839 times
04 Fri Oct 2024	334.65	343.65	350.70	331.15	1.397 times
03 Thu Oct 2024	339.55	348.00	351.50	337.35	0.679 times
01 Tue Oct 2024	348.50	360.30	360.30	345.20	0.55 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 337, but if it comes above 337, then a intra day buy could be more profitable.
If you take a sell trade below 337, then use 337 as stoploss and 317.4 as target. However if you take a buy trade in stock , then use 337 as stoploss and 353.35 as target.

Share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Target	286.60
Downside Target	315.15
Downside Target	324.60
Upside Target	341.85
Upside Target	352.85
Upside Target	360.30
Upside Target	363.95
Upside Target	364.90
Upside Target	371.05
Upside Target	380.00
Upside Target	383.00
Upside Target	387.55

Intraday share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Intraday Target	326.75
Downside Intraday Target	317.45
Upside Intraday Target	343.6
Upside Intraday Target	351.15
Downside Intraday Target	334.3

Weekly technical analysis of Indoco Remedies (INDOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	336.05	332.00	341.85	325.00	0.534 times
11 Fri Oct 2024	337.30	335.05	345.80	324.60	1.57 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

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
15 Tue Oct 2024	336.05	360.30	360.30	324.60	0.534 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 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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Indoco Remedies stock for short term is SELL. Signal strength is Strong 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 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 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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 337.76 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.