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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 2024-10-22 View latest technical analysis

10 day averaged volume of Indoco Remedies is 136912

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	323.25	331.05	333.05	322.00	0.458 times
21 Mon Oct 2024	334.05	342.50	342.50	333.00	0.317 times
18 Fri Oct 2024	341.55	340.10	347.90	336.85	0.666 times
17 Thu Oct 2024	341.65	342.20	345.50	336.20	1.644 times
16 Wed Oct 2024	345.30	336.10	347.95	336.10	0.921 times
15 Tue Oct 2024	336.05	335.00	341.85	334.50	0.504 times
14 Mon Oct 2024	335.90	332.00	338.10	325.00	2.029 times
11 Fri Oct 2024	337.30	341.80	343.30	335.00	0.538 times
10 Thu Oct 2024	340.40	342.05	343.60	337.05	1.922 times
09 Wed Oct 2024	341.85	338.35	345.80	334.40	1.025 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 331.5, but if it comes above 331.5, then a intra day buy could be more profitable.
If you take a sell trade below 331.5, then use 331.5 as stoploss and 316.3 as target. However if you take a buy trade in stock , then use 331.5 as stoploss and 344.28 as target.

Share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Target	286.60
Downside Target	315.15
Upside Target	342.50
Upside Target	352.85
Upside Target	353.00
Upside Target	358.00
Upside Target	360.30
Upside Target	363.95
Upside Target	371.05
Upside Target	383.00
Upside Target	387.55

Intraday share price targets for Indoco Remedies (INDOCO)

Target Type	Value
Downside Intraday Target	316
Downside Intraday Target	308.75
Upside Intraday Target	336.5
Upside Intraday Target	349.75
Upside Intraday Target	329.25

Weekly technical analysis of Indoco Remedies (INDOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	323.25	342.50	342.50	322.00	0.134 times
18 Fri Oct 2024	341.55	332.00	347.95	325.00	1.216 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

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
22 Tue Oct 2024	323.25	360.30	360.30	322.00	0.752 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Indoco Remedies in short term and SELL signal is strong!

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 339 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.